SEMA Report Predicts Strong Economy

Jan. 24, 2020
The SEMA Industry Indicators report has predicted the economy will continue to grow.

Jan. 24, 2020—According to SEMA, the United States enters 2020 on strong economic footing.

The SEMA Industry Indicators report notes that trade tensions appear to be easing and the odds of a recession this year continue to decrease. Likewise, consumers are confident and spending their money.

While overall total vehicle sales are slightly down, consumers are spending more on cars than they ever have.

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