Car sales disappoint

Bloomberg: Car sales down, truck sales  stable. OK, no big shock except the blue chip economists were counting on a 1%  decline, we got 5% decline.  The effect on ongoing GDP growth seems minimal since this should be in the ISM report which has already been counted.

This does signal a weakened consumer and likely Christmas sales may disappoint.  But otherwise, after a three year uptrend, this cannot be a big negative.