European Regional Forecasts

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Vehicle Equity and Long-Term Car Loans

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AutoCycle™

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Business confidence remains near record highs. The diffusion index across all nine questions in the survey has been solidly over 40% since late last year. For context, the confidence index never got above 40% even at the height of the housing boom in the middle of the last decade. Confidence is especially strong in the U.S., where hiring and investment spending are robust.