Merrill over Matter
Attempting to make sense of the financial world
Monday, February 15, 2010
Inventory bounce is pretty much over with
The Inventory / Sales ratio is pretty much back to 'normal'. As such the inventory bounce contribution to GDP is over. A lot of other blogs have the details but here's one picture that says it all.
The quick and easy fixes to GDP growth have already occured. It's going to be tough sledding now.
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