Business Inventories and Sales Seem OK in October 2012

Written by Steven Hansen Econintersect‘s analysis of final business sales data (retail plus wholesale plus manufacturing) for October 2012 is better than the headline data. business sales remain in a long term downtrend – but are now near the upper end of the declining channel. The inventory levels are not sending any warning signals.  The …

Business Inventories and Sales in September 2012 Have Recessionary Whiff

Written by Steven Hansen Econintersect‘s analysis of final business sales data (retail plus wholesale plus manufacturing) for September 2012 is not as good as the headline data. business sales remain in a long term downtrend. The inventory levels have been slightly on the high side for three months – but is not sending any warning …

Business Inventories and Sales Are Mixed in August 2012

Written by Steven Hansen The final business sales data (retail plus wholesale plus manufacturing) for August 2012 is not as good as the headline data. business sales remain in a long term downtrend. The inventory buildup this month is unchanged from last month – but high which could imply (but not always) an impeding recession. …

Business Inventories Are Still High in July 2012

Written by Steven Hansen The final business sales data (retail plus wholesale plus manufacturing) for July 2012 is not as good as either the numbers show on Econintersect‘s or the US Census analysis of the data. The reason the data is up month-over-month is that the June data was a disaster. The inventory buildup this …

Business Inventories Situation Nasty in June 2012

Written by Steven Hansen The final business sales data (retail plus wholesale plus manufacturing) for June 2012 clearly turned ugly – barely growing year-over-year. Hopefully next month’s data will improve if this morning’s retail sales are an indication. There was a relatively huge inventory buildup in June which could imply (but not always) an impeding …