1.   These figures and other measures, however, most likely underestimate the impact of infectious diseases.

2.   Among manufacturers, automakers especially underestimated the impact of the taxes on sales and are stuck with more cars in their yards as a consequence.

3.   Among manufacturers, automakers especially underestimated the impact of the higher tax on sales and are stuck with more cars in their yards as a consequence.

4.   And companies that underestimated the impact of those taxes on spending built up inventories.

5.   And companies that underestimated the impact of the higher taxes on consumers built up inventories.

6.   And few economists expect a turnaround before next spring because companies are cutting production to trim inventories they built up after underestimating the impact of the tax increases.

7.   Automakers built up inventories after they underestimated the impact of the tax increase on sales, economists said.

8.   Automakers, steelmakers and other companies that underestimated the impact of the tax increase on sales have seen inventories pile up since, economists said.

9.   Automakers especially underestimated the impact of the taxes on sales, and are stuck with more cars in their yards as a consequence.

10.   Automakers underestimated the impact of the higher taxes on new car sales, analysts said, and that sent their inventories soaring in the April-June quarter.