engages numerous audiences in exploring urban life and design by way of the preservation and interpretation of the structure of Henry Hobson Richardson and the historic residence of John and Frances Glessner.
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You possibly can see the rise in imports from a lot lower than 1% within the 1960s to about 2% of US GDP in the mid 2000s (until the great recession hit). The opposite attention-grabbing issue is that consumption of autos (as a fraction of the economy) began a critical decline in the early 2000s. That’s going to complicate the evaluation which I will take up once more within the subsequent post.
I’m a scientist and innovator in the know-how business, with a broad range of pursuits and experiences. I have a Physics PhD, MS in CS, and have executed research , lived in cohousing communities, run a business, and designed expertise merchandise. Professionally, I’ve primarily labored on pc security problems. Presently I am Adjunct Professor of Computer Science at Cornell, but this weblog represents my views only. Email me at stuart – at – earlywarn – dot – org. I do learn all e mail, however as a result of the weblog is part-time unfunded enterprise, I often fail to reply on account of lack of time – apologies.
The odd-looking line on this graph is the one for domestic consumption of autos and elements as a fraction of GDP; the road starts to drop after 2002, only reversing in 2010. It’s odd to me because a graph of US car gross sales is actually flat from 2001 to 2007 at between 16 and 17 million vehicles per yr. Reading off Stuart’s graph above, the gross consumption line starts at about 3.7% of GDP in 2001 and drops to round 2.eight% in 2007, so roughly a 25% drop. Looking at BEA Desk 1.1.5. US GDP rose 36% throughout that interval.