Mary T. Barra, the chief government of Common Motors, with President Trump at a Michigan event last month to debate automaking and job creation.
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The odd-wanting line in this graph is the one for domestic consumption of autos and elements as a fraction of GDP; the road starts to drop after 2002, only reversing in 2010. It is odd to me as a result of a graph of US car sales is basically flat from 2001 to 2007 at between 16 and 17 million autos per 12 months. Reading off Stuart's graph above, the gross consumption line begins at about three.7% of GDP in 2001 and drops to round 2.eight% in 2007, so roughly a 25% drop. Taking a look at BEA Table 1.1.5. US GDP rose 36% during that period.