Economists See Strong Auto Sales Next Year
This has been a strong year for auto sales. Will it continue in 2014? WalletHub.com data says yes. “Interest rates will remain low for the foreseeable future due to the combination of record-low credit losses – with the exception of a single quarter in 2006, charge-offs are at the lowest level since 1995 – and the Federal Reserve’s commitment to retain current policies until more demonstrable economic improvement takes place,” said Odysseas Papadimitriou, WalletHub’s chief executive officer.