Auto spending on a slow road to recovery


Despite a strong rebound, auto spending remains down almost 15 percent in Miami-Dade from the boom days of 2006.

Auto sales may be bouncing back strongly, but they’re nothing compared to the boom days.

Taxable sales tied to the auto industry — which includes parts and repairs — remain far below their pre-recession peaks, according to the latest figures out Tallahassee. The slow recovery comes despite big sales spikes in recent years from dealers, including AutoNation.

In South Florida, auto spending is down 13 percent from the past peak in October 2006 . That’s the best of Florida’s largest economies, and better than the statewide average of a 20 percent decline and Broward’s ongoing 22 percent decline.

The Miami Herald’s Economic Time Machine blog seeks to put South Florida’s recovery into historical perspective. We try to take the long view on economic stats. For analysis of the latest economic news, visit and look for our weekly chart on Page 3 of Business Monday.

Read more The Economic Time Machine stories from the Miami Herald

Miami Herald

Join the

The Miami Herald is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

The Miami Herald uses Facebook's commenting system. You need to log in with a Facebook account in order to comment. If you have questions about commenting with your Facebook account, click here.

Have a news tip? You can send it anonymously. Click here to send us your tip - or - consider joining the Public Insight Network and become a source for The Miami Herald and el Nuevo Herald.

Hide Comments

This affects comments on all stories.

Cancel OK

  • Marketplace

Today's Circulars

  • Quick Job Search

Enter Keyword(s) Enter City Select a State Select a Category