by Calculated Risk on 10/02/2007 03:18:00 PM

More on auto sales from Bloomberg: Ford, Toyota Say U.S. Sales Decline; GM, Honda Gain

... Toyota Motor Corp. fell 4.4 percent ... Honda, Japan's second-biggest automaker, reported a 9.4 percent increase. GM rose less than a percentage point.
...
The industrywide annualized sales rate probably fell to 15.9 million last month, according to eight analysts and nine economists surveyed by Bloomberg. The September 2006 rate was 16.6 million.

The two month estimate for PCE (personal consumption expenditures) suggests real PCE growth in Q3 will be about 3.0%. However I think PCE slowed sharply in September - as suggested by auto sales, Redbook and other sources.