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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (100291)	4/21/2013 11:31:05 PM
From: bart13	2 Recommendations Read Replies (2) \| Respond to of 217685

I think I can buy a car MUCH MUCH better than the average 1970 car for $21,252 OF COURSE YOU CAN. BUT that's not what I said, and the implied accusation that I'm wrong is tacky at best. The new vehicle index is just one of the many sub-indexes that make up CPI-U, etc. The BLS series number is CUUR0000SETA01, for the NSA data. Its value in Jan 1970 was 52.7, Jan 2013 was 145.99 - FAR from 6X, and in reality almost exactly the 2.77x as I originally posted. Actual average new car prices are up 8-9X since 1970, per various sources like energy.gov. At least you asked (unlike MQ), thanks.