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What, No Hurricane Bounce? Ford Idles 5 North American Plants In Wake Of Slumping Car Sales

What, No Hurricane Bounce? Ford Idles 5 North American Plants In Wake Of Slumping Car Sales

Authored by Mike Shedlock via MishTalk.com,

As initially reported by the Census Department, motor vehicle sales were up 1.2% in July following a 0.9% gain in June. At the time, I commented, “This is unbelievably bizarre in the face of actual auto sales reports.”

The Census Bureau revised sales estimates much lower in September as noted in Retail Sales Unexpectedly Decline, Huge Negative Revisions in June and July: Reflections on “Bizarre” Sales Reports.

Hurricane Maria Floods San Juan, Knocks Out Power Across Puerto Rico

Hurricane Maria Floods San Juan, Knocks Out Power Across Puerto Rico

Even after weakening to a category 4 storm shortly before making landfall along the southeastern coast of Puerto Rico, Hurricane Maria caused unprecedented devastation to the cash-strapped island and knocking out electricity for all of its 3.4 million residents. Worse still, the island’s governor has said it could be months before power is restored to all customers, according to the Associated Press.

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