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

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

This entry was posted on Thursday, May 25th, 2017 at 11:15 am and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.