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Morning Joe Charts - Economic Health of Detroit - 2.7.12

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Morning Joe Charts - Economic Health of Detroit - 2.7.12

  1. 1. Note: Seasonally adjusted data. Detroit figures are for the Metropolitan areaSource: BLS
  2. 2. In millions 1.83mm 1.63mmSource: BLS
  3. 3. GMs Finances(In billions) 2008 2011ERevenues $148.9 $149.7Profit / Loss -$30.9 $7.8Source: Company filings, Bloomberg consensus estimates
  4. 4. “If General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye.” --- Mitt Romney (2008)Source: Mitt Romney’s NYT Op-Ed “Let Detroit Go Bankrupt”, Nov 18, 2008

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