Consumer Activity Dwindles

Sri’s Prediction: People will be in extreme stages of disillusionment in many things. They are losing interest in things that have previously held their attention. We will see a major drop off in consumerism, especially in the automotive industry. Some new cars are being designed, but won’t be out for another three years.

  • Here’s a chart that suggests that at least the Pontiac Grand Prix’s sales were looking good in 1977. [Source]

    Here’s an article’s first paragraph that supports Sri’s prediction:

    Here’s an article from the Japan Automobile Manufacturer’s Association that describes Japanese import sales. The sales figures for 1977 are up from 1976, but down from 1975. 1978 again showed a surge upward: [Source]

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