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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: excardog who wrote (25418)9/4/2003 2:09:58 PM
From: russwinter   of 206202
 
A recent study conducted by the Transportation Department revealed that the average household has 1.9 vehicles, but only 1.75 drivers. While there has been a long-term trend of more vehicles per household, this was the first survey to show significantly more vehicles than drivers. Between 1977 and 1990, the number of vehicles per driver jumped from 0.94 to 1.01. In 1995 the number dropped back to one vehicle per driver. Since then, the number of vehicles per driver has jump to 1.11, or almost twice the increase in the previous 18 years. What’s next a car for every day of the week?

This month's Contrary Investor gives auto and light truck sales and prior cycles, and asks the question, "Just what are we supposed to be recovering from?" see page 5.

contraryinvestor.com
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