The new stimulus proposal suggests they have a point. The 2015 stimulus for auto sales lasted almost two years, ending around 2017. A better way to look at auto stimulus is who it protects along the supply chain. The other side of the NDRC stimulus proposal is for consumers of home electronics and appliances. It’s hard to quantify the impact of housing sales sales on home goods like microwave ovens and television sets, says Ting Lu.

Source: Forbes April 18, 2019 14:50 UTC