Thursday, August 26, 2010

Manufacturing Inventories Aren't Rising

What inventory build? The consistent mantra of the GDP rally in Q1 and over the last 3-4 quarter has been that inventories were being rebuilt. Now maybe a smaller decline in inventories helped GDP, the reality is that inventories have not seen but one major inventory increase in the last 2 years.

Any number over 50 shows an actual increase in inventories. A lot of the focus has actually been on a higher number then the prior month such as a 45 versus a 39.





* Thanks to Seekingalpha.com and Chartfacts.com for providing the ability to chart economic data now.

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