Booming Autos Sales to Downshift

2016 is on track to be another banner year for the auto industry. But dealers won’t ring up quite as many sales this year as they did in 2015, which set an all-time record. And 2017 figures to see another small sales pull-back as demand for new cars and trucks levels off.

The Rebound Winds Down

The U.S. auto industry has come a long way from the dark days of the Great Recession. In 2009, drivers bought only 10.4 million new vehicles, down by roughly a third from what had been considered normal prior to the recession. But that sharp decline set the stage for an epic comeback. Beginning in 2010, the industry consistently notched annual sales gains of 10% or so. Many consumers who had wanted or needed a new car during the economic downturn put off buying one, which resulted in a marked aging of the country’s car fleet. The recovery from the recession released a surge in new car buying by folks rushing to replace their old rides.

Continue reading “Booming Autos Sales to Downshift”

How Ballot Initiatives Might Skew November’s Election Results

Voters in many states will decide more than just the next president when they head to the polls on election day. They’ll also consider more than 160 ballot measures, which allow ordinary citizens to bypass their elected officials and enact laws directly.

That number is pretty low by election-year standards; 180 is more typical. But according to Justine Sarver of the Ballot Initiative Strategy Center, this year’s crop of ballot measures is significant for two reasons.

Continue reading “How Ballot Initiatives Might Skew November’s Election Results”