Wholesale Trade Data Suggest Manufacturing Recession Spreading To Entire Economy
Wholesale Trade Data Suggest Manufacturing Recession Spreading To Entire Economy by Tyler Durden, www.zerohedge.com The good news – wholesale inventories are being worked off (falling 0.3% MoM in November – biggest drop since May 2013). The bad news – inventories are being worked off (crushing Q4 GDP hopes and Fed forecasts). The uglynews – Wholesale …