Pages

Monday, October 3, 2011

ISM Continues to Highlight Inventory Issues

Although the headline number on ISM was very strong today, the inventory lines still show some cause for concern.  As I pointed out last month, supply managers are reporting increasing inventories and higher levels of customer inventories.  Inventory accumulation tends to be the first sign of a recession because inventory liquidation can be a significant negative contributor to GDP.

Click to Enlarge

No comments:

Post a Comment

For compliance reasons, I don't post comments to the site, but I do like hearing from readers and am happy to answer any questions. Feel free to use the comment box to get in touch. Please leave an email address in your comment so that I can write back, or email me directly at Skrisiloff@avondaleam.com.