Auto Industry (Sales and Employment related charts through 2012)
GRAPHIC: Jan. 2007 to Jan. 2012 US retail sales ex-auto

(Photo: IBTimes/Angelo Young) Here's a chart of January's U.S. retail sales from 2007 to 2012 excluding auto sales but including gas station purchases and building and garden materials. Notice the steep drop during the last economic recession.
US Department of Labor  
Employment in Motor Vehicle and Parts Dealers and US Total Light Vehicle Sales, Seasonally Adjusted, 2007-2012. Circled spike is attributed to “Cash for Clunkers” initiative.
When the President took office the U.S. auto industry was on the verge of collapse. From February 2000 to June 2009, the motor vehicle and parts sector alone lost over 700,000 and vehicle and parts sales another 204,000 jobs. Private capital was fleeing to the sidelines.  Some said we should “let Detroit go bankrupt.”  With over 1 million jobs at stake, the President refused to let that happen.
The industry has seen a complete turnaround since June 2009. Since then, the industry has added 217,000 jobs. This is both because of increased hiring in the manufacturing of vehicle and parts but also due to increased hiring in automobile dealers.
Employment in Motor Vehicle and Parts Dealers and US Motor Vehicle Production, Seasonally Adjusted, 2007-2012.

Housing through 2012 (Pdf)


Market Indicators
Dow Jones Industrial Average: Linked 
NASDAQ: Linked

S & P:  Linked


We repeat! 

It would be shameful to see the nation's slow economic healing come to a halt.  President Obama and his economic team have been correct strategy and execution since before Obama took office.  Conversely, Republicans in Congress have been wrong at every turn. Why should be believe the GOP is more effective at measures to improve the economy?  The question is rhetorical.