Category Archives: U.S. Economy

February Used Car Prices – My Favorite Measure of Pressure on Consumer Balance Sheets

(March 25, 2008) – I love the Manheim Index. Manheim runs used car auctions all over the place and collects the actual sales prices of 5 million used car transactions every year. (Way better than any government agency collects data.) … Continue reading

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Case-Shiller Home Price Indices

(March 25, 2008) – The new Case-Shiller home price numbers are out today showing that home prices in January were still dropping like, uh, something real heavy . They are so bad that I had to ask my daughter what … Continue reading

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