Wholesale Inventories
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Started by TimNew - May 10, 2019, 3:50 a.m.

I've mentioned inventories a few times over the last couple months.  I was concerned that builds were outpacing sales, which is not always bad news,  but is a red flag. 

This month we had a .1% drop in inventories while sales jumped 2.3% reducing stock/sales ratio back .3 down to a more lean 1.32.

Inventories will reflect on GDP,  but this was a needed, and somewhat bullish adjustment IMO.

https://us.econoday.com/byshoweventfull.asp?fid=503882&cust=us&year=2019&lid=0&prev=/byweek.asp#top



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By metmike - May 10, 2019, 9:09 a.m.
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Thanks for more good news Tim!