The Economy Part II.

August 11, 2009 No comments yet

Today, August 11, the Census Bureau released the July Wholesales Trade Report for June.  It shows that for the first time since June 2008, sales have increased over the prior month.  While not up to the levels of 2008, it is a positive sign.  At the same time, inventories have continued to decline at an increasing rate. This puts the sales-to-inventory ratio at close to the level of mid 2008 and below slightly lower than 2006-07.  If sales activity continues to rise, we should expect a rapid wholesale inventory correct to keep pace and maintain retail inventories.

The Economy

June 17, 2009 1 comment

Recently there have been indications that the economc slide is slowing if not turning around.  Have you seen any inprovement yet?  What industry are you associated with?  When did it start and how strong is it?