Anecdotes are personal by definition, and thus cannot tell the full
story.
However, anecdotal evidence is in sync with a collapse in new
manufacturing orders globally as noted in Plunging New Orders Suggest Global
Recession Has Arrived (same as link at top, repeated for
convenience).
For more details on the US specifically, please see US Manufacturing ISM Contracts for
First Time in Three Years; New Orders and Prices Plunge; Perfect Miss: 0 of 70
Economists Polled By Bloomberg Expected
Contraction
Given the nature of Bosh's business, the
reported slowdown in that business, and a plunging collapse in new manufacturing
orders virtually everywhere, a collapse in global automobile sales is
coming.
Perhaps there is one more channel-stuffing rise in sales coming
up in the US (sales are reported when cars are delivered to dealers, not when
consumers buy them), but if so, it will be the last big hurrah.
http://globaleconomicanalysis.blogspot.fr/2012/07/anecdotal-and-hard-evidence-suggests.html?utm_source=feedburner&utm_medium=twitter&utm_campaign=Feed:+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29
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