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The Auto Sales to Food Sales Ratio

The following chart shows auto and other motor vehicle sales divided by sales at food and beverage stores and food services and drinking places.


Click to enlarge.

Since this is an illusion of prosperity blog, you can probably guess which "sure thing" seems more likely to me over the long term.

1. When the downward trend in blue failed, it failed to the downside.
2. We have fully recovered back to the trend in blue.

This is not investment advice.

Source Data:
St. Louis Fed: Custom Chart

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