Cycling Backward?

By |2014-08-08T14:30:05-04:00August 8th, 2014|Economy, Federal Reserve/Monetary Policy, Markets|

Wholesales sales and inventories are still relatively better in June than earlier in the year, though the level of inventory looks nothing like what is being counted for GDP. Overall, the pace of sales continues to be relatively stuck in a low-growth track that shows little signs of being elevated. For an economy being determined marginally by inventory, supply chain [...]