Inventory Surge Signals Good Start For Q3 GDP

After a solid Q2, GDP ‘guesses’ for Q3 are likely set to jump on the back of a huge beat in wholesale inventories (+0.7% MoM vs +0.2% exp).

Additionally retail inventories popped 0.4% MoM

Inventory-to-Sales ratio remains flat on the month at 1.25x…

 

 

 

 

Go to Source
Author: Tyler Durden

0 0 votes
Article Rating

Comments

0 Comments
Inline Feedbacks
View all comments