engages numerous audiences in exploring city life and design by the preservation and interpretation of the architecture of Henry Hobson Richardson and the historic house of John and Frances Glessner.
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You’ll be able to see the rise in imports from much lower than 1% within the 1960s to about 2% of US GDP within the mid 2000s (till the nice recession hit). The opposite attention-grabbing issue is that consumption of autos (as a fraction of the economy) began a serious decline within the early 2000s. That’s going to complicate the analysis which I will take up again within the next publish.
Complicating your exercise even more is the truth that individuals tend to keep their automobiles longer nowadays than they used to. That is largely as a result of high quality has gone up, reducing the frequency wanted to purchase a new automobile. I suspect this has much more to do with the declining share of GDP dedicated to auto purchases than any of the other elements you talked about.
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