The Traderszone Network

Published in TZ Latest News 11 June, 2015 by The TZ Newswire Staff

Business Inventories Jump Most In 11 Months, Push Sales-Ratio Into Recessionary Environment

Business inventories-to-sales ratios remain in the flahing red recessionary environment as inventories surge more than expected in April. The biggest “field of dreams” appears to be Clothing and Building Materials. The 0.4% rise (against 0.2% expectations) of business inventories is the highest since May 2014. Motor Vehicles saw a 1.2% rise MoM in inventories (and 5.9% YoY) leading the surge in the “if we build it, credit will enable everyone to buy it” economy.

 

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