The latest bit of bright news is Friday’s report that retail sales rose 1 percent in January over December. The Wall Street Journal says economists attribute the blip – following six consecutive months of falling retail sales – “to discounting and easier automobile-financing terms in January. Sales of cars, electronics and clothes all were up. Year-over-year, January retail sales decreased 9.7%.”
For a dose of reality, the weekly roundup from Bob Costello, chief economist at the American Trucking Associations, has some bubble-busters:
— Max Heine
Affected tractors are equipped with an automated Eaton UltraShift Plus or Eaton Advantage Transmission with right hand stalk shifter. In the affected trucks, the display on the instrument panel can indicate “N” when the shifter is set into “D” or “R,” causing the truck not to move.