auto makers

Adjusting Wholesale Sales And Inventory

By |2016-12-12T17:28:28-05:00December 12th, 2016|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

When the estimates for factor orders were released earlier this month, there was an unusual pattern for the revision of September’s preliminary figures. Subsequent data suggested that factory orders were slightly less than had been originally calculated, yet despite that result for the unadjusted data the seasonally-adjusted estimate for factory orders in September was instead revised significantly higher. Overall, the [...]

Still No Growth In Wholesale Sales, Inventories May Start To Weigh

By |2016-11-09T17:42:47-05:00November 9th, 2016|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Wholesale sales were flat in September, and flat overall for the quarter. They had declined sharply in July, rebounded in August, only to go nowhere for all the trouble. It is perfectly reminiscent of this whole economy, which fell in 2015 and then despite all projections otherwise never got back up. The best that can be said of it is [...]

Go to Top