Domestic production of motor vehicles lagging far behind spending: PCE, motor vehicles versus motor vehicle output, $2012 billions
| Spending | Production | |
|---|---|---|
| 2019Q1 | $511.7 | $561.3 |
| 2019Q2 | $521.8 | $564.5 |
| 2019Q3 | $528.5 | $580.4 |
| 2019Q4 | $537.5 | $563.2 |
| 2020Q1 | $493.0 | $513.9 |
| 2020Q2 | $498.4 | $308.1 |
| 2020Q3 | $586.8 | $589.0 |
| 2020Q4 | $589.7 | $569.2 |
| 2021Q1 | $661.2 | $570.7 |
| 2021Q2 | $686.1 | $549.4 |
| 2021Q3 | $565.0 | $480.3 |
Source: Author’s analysis of Bureau of Economic Analysis (BEA) NIPA Table 1.5.6 Real Gross Domestic Product, Expanded Detail, Chained Dollars.