A record 7 million Americans are 3 months behind on their car payments, a red flag for the economy

[FBaggins]

59. Confirmation bias

Once again... "the article" was one month worth of data. You can't rationally present it as evidence for a ten-year trend. I pointed you to the ten-year data... were you even going to try to refute it?

Single home building around here

That's the point. You're looking at just what you can see when you look at your tiny piece of the country.

Single family const boomed here until about two years into Saint Ronnie's run and then the entire industry collapsed.

More evidence that your perspective is too localized. You can't pretend that the single-family construction market nationally collapsed in the 80s and never recovered.

Where on Earth is "here"?


Relevant national data from the last six years (taking the 11-month average for 2018 since December wasn't in the books yet). Source NAHB

Single-family starts (in thousands)
2013 - 618
2014 - 648
2015 - 715
2016 - 782
2017 - 849
2018 - 880

5+ Units (a reasonable proxy for "apartments and condos" - in thousands)
2013 - 294
2014 - 342
2015 - 386
2016 - 381
2017 - 343
2018 - 370

Now quick... tell us which of those data sets represent consistent solid growth... and which one represents comparative stagnation?