Wholesale Sales YoY Worst Since Lehman As Inventories Grow At Slowest Pace In 2 Years

Wholesale Sales YoY Worst Since Lehman As Inventories Grow At Slowest Pace In 2 Years (ZeroHedge, May 8, 2015):

For the first time since July 2008, Wholesale Sales fell for the 4th month in a row in March (-0.2% vs +0.5% expectation). On a YoY basis, this is the worst sales drop since November 2008. Perhaps even more problematic is the weakness in inventories – which will drag Q1 GDP even lower – as the last time we saw a weaker inventory growth (+0.1% in March) was May 2013. Wholesale Inventories to Sales remain at Lehman (and 2000) highs.

1 thought on “Wholesale Sales YoY Worst Since Lehman As Inventories Grow At Slowest Pace In 2 Years

  1. Regardless of all these warning numbers, the talking heads and the corporate controlled news websites continue to chirp away at how great the economy is doing……pure insanity.

    This is too much like Orwells 1984 for me……………..

Leave a Comment