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Wholesale Inventory Build Slows As Sales Miss 3rd Month In A Row

Submitted by Tyler Durden on 04/09/2014 10:07 -0400

Wholesale inventory growth slowed to 0.5% (for Feb) from a revised 0.8% pick up in January but met expectations as it seems the much-hoped for weather recovery remains missing in action. This is the 2nd slowest rate of inventory increase in 7 months. Wholesale Sales did bounce back from the utter collapse last month but not as much as expected - rising 0.7% vs 1.0% expectations - missing for the 3rd month in a row. The combination leaves inventory/sales overall at its highest in 16 months.

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Wed, 04/09/2014 - 10:12 | 4639045 Headbanger

Stall warning!

http://www.youtube.com/watch?v=o9NUTgz-a8c

Wed, 04/09/2014 - 10:17 | 4639068 JPM Hater001

Yeah, Inventory is like breathing. You manufacture and put in inventory (breath in), then ship out (exhale)…

The consumer is starting to hold their breath and that is clear beginning in June last year…now what could have changed in June?

Hmmm, mortgage rates perhaps?

Wed, 04/09/2014 - 10:12 | 4639046 Rainman

Luckily, those million square foot warehouses will convert nicely into the #1 growth industry... moar prisons

Wed, 04/09/2014 - 10:19 | 4639075 Stoploss

Guess how many plastic coffins can be stacked floor to ceiling.

Wed, 04/09/2014 - 10:22 | 4639086 Sudden Debt

yeah, but the warranty label clearly states "only stack 6 high or warranty will be void"

Wed, 04/09/2014 - 10:24 | 4639094 Quinvarius

Or storage for GM dealerships.

Wed, 04/09/2014 - 10:20 | 4639080 NOZZLE

I did my part for the GDP, I purchased $ 1200 snow thrower on January 21st to replace the one my Mexican janitor wore out, causing the climate to stop producing snow immediately thereafter.

Wed, 04/09/2014 - 10:21 | 4639085 Hindenburg...Oh Man