However, I must note that this boost is likely due in part to
temporary factors. First, vehicle sales in the middle of 2011 were
depressed due to supply chain disruptions stemming from the tragic
earthquake and tsunami in Japan. In addition, a stimulus-related tax
provision that allowed businesses to immediately expense some
investments expired at the end of 2011. So, some purchases were no doubt
timed to occur before that expiration.
No comments:
Post a Comment