Automobile Sales Falling, Inventories Up 7.8%, Interest Rates Rising: What can presumably go wrong?

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mishtalk.com / Mike “Mish” Shedlock / November 25, 2016 2:07:57

The census business Advance International Trade reports shows a indiscriminate and sell exports any declined 0.4% from Sep to October.

Wholesale inventories are down 0.5% year-over-year, though sell inventories are adult 3.2% on a strength of a outrageous burst in automobiles and automobile parts.

Advance Wholesale Inventories

Wholesale inventories for October, practiced for anniversary variations though not for cost changes, were estimated during an end-of-month turn of $586.9 billion, down 0.4 percent (±0.4 percent)* from Sep 2016, and were down 0.5 percent (±1.4 percent)* from Oct 2015. The Aug 2016 to Sep 2016 commission change was revised from adult 0.1 percent (±0.2 percent)* to down 0.1 percent (±0.2 percent)*.

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