- Prior 0.4%
- Sales -0.4% vs +0.7% prior
- Sales to inventory ratio 1.29 unch
Manufacturers and wholesale see the biggest drop in sales. Autos and parts take a leap. The data is lagging so there’s no real market reaction. If we start seeing big inventory builds then we’ll have cause for concern.
US business inventories 15 10 2014
US business inventories chart 15 10 2014
