Q2 GDP To Suffer As Retail, Wholesale Inventories Tumble In April

Thursday, May 25, 2017
By Paul Martin

by Tyler Durden
ZeroHedge.com
May 25, 2017

Retail and Wholesales Inventories in April dropped 0.3% MoM – dramatically missing expectations of a 0.2% rise (no economists at all expected a drop in inventories).

Retail Weak…

The biggest driver of the drop was a 0.5% MoM drop in Motor Vehicle inventories.

This does not bode well for Q2 GDP…

The Rest…HERE

Leave a Reply

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter