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Truck Sales Up: Economy is Rebounding?
More than 7 million light trucks were sold in September, which was the highest monthly sales count for trucks in 3 and-one-half years going all the way back to March of 2008 (see chart above). September truck sales were up by 9.5% compared to August and up by 20.3% compared to last September. Why are truck sales important?
Mark Perry, professor of economics and finance at University of Michigan, thinks so.
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