SEMA Report Predicts Strong Economy

Jan. 24, 2020
The SEMA Industry Indicators report has predicted the economy will continue to grow.

Jan. 24, 2020—According to SEMA, the United States enters 2020 on strong economic footing.

The SEMA Industry Indicators report notes that trade tensions appear to be easing and the odds of a recession this year continue to decrease. Likewise, consumers are confident and spending their money.

While overall total vehicle sales are slightly down, consumers are spending more on cars than they ever have.

Sponsored Recommendations

ADAS Applications: What They Are & What They Do

Learn how ADAS utilizes sensors such as radar, sonar, lidar and cameras to perceive the world around the vehicle, and either provide critical information to the driver or take...

Banking on Bigger Profits with a Heavy-Duty Truck Paint Booth

The addition of a heavy-duty paint booth for oversized trucks & vehicles can open the door to new or expanded service opportunities.

The Autel IA700: Advanced Modular ADAS is Here

The Autel IA700 is a state-of-the-art and versatile wheel alignment pre-check and ADAS calibration system engineered for both in-shop and mobile applications...

Boosting Your Shop's Bottom Line with an Extended Height Paint Booths

Discover how the investment in an extended-height paint booth is a game-changer for most collision shops with this Free Guide.