Business Inventories, Sales Disappoint; Leave Ratio Deep In Recession
by Tyler Durden
ZeroHedge.com
Sep 15, 2016
Business inventories rose 0.5% YoY and Business Sales dropped 0.8% – the 19th month in a row of sales decline and inventory builds.
Inventories were unch Mom (against expectations of a rise) and Sales fell 0.2% MoM.
Business inventories to sales remain in recession territory as the decline stalled in July..
The Rest…HERE