Good Month for Wholesale Sales in September 2013

Written by Steven Hansen September 2013 wholesale sales and inventories data had a good month. This data series is very noisy, and has been on a roller coaster of one good month / one bad month. Consider that the rolling average of sales growth is accelerating while inventories are within acceptable ranges for periods of …

September 2013 Manufacturing Improves, But Growth Is In a Single Sector

Written by Steven Hansen US Census says manufacturing new orders declined in August and went up in September – we get two months data at once due to the government shutdown.  Our analysis does not exactly agree but this is not a bad or great set of data.

Bad Month for Wholesale Sales in August 2013

Written by Steven Hansen August 2013 wholesale sales and inventories data just had a bad month. This data series is very noisy, and has been on a roller coaster of one good month / one bad month. This analysis is worse than the published headline analysis.