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:
- Authorities are removing Dakota Access pipeline protesters blocking roads and camped on private property.
- Apple just unveiled lighter, thinner MacBooks with touch-sensitive panels for instant emoji access (and other uses) 💻✨
- A Trump official says the campaign has "three major voter suppression operations underway."
- RIP — Vine says it's discontinuing its mobile app, effectively ending the 6-second video service 💀