The Commerce Department reported today that spending on vehicles and parts jumped 1.8 percent in May and 8.5 percent from May of last year. This is the biggest monthly jump in half a year and shows that consumer spending is resilient in the face of a soft economy. Earlier this month, General Motors, Ford, Chrysler, and Toyota reported a 12 percent jump in cars sold in May from the month before and 7 percent from May, 2012. And the data isn’t just in cars sold and dollars spent, but all over the auto economy.
2. Monthly car sales jumped at the end of last year and are up from a year ago:
5. And there are more car workers than there were a year ago:
- Republicans presented Democrats on Tuesday with a spending plan that doesn't include funding for the border wall, stalling one of Trump's most controversial campaign promises.
- Fox News anchor Kelly Wright and 12 other current and former employees are suing the network for racial discrimination and harassment.
- The humanitarian crisis in Venezuela is so bad that people are walking over to Brazil to get the food and medicines they need.
- A 5-year-old girl cosplayed Jyn Erso so she could deliver the Death Star plans to Princess Leia 🙏