Q2 GDP In Trouble As Business Inventories Tumble In April

Jon Economy

Adding further pain to Q2 GDP hope, April Business Inventories tumbled 0.2% MoM in April (following Wholesale Inventories decline). This is the biggest drop since November 2015.
Manufacturers inventories rose 0.1% m/m in April after rising 0.2% prior month

This post was published at Zero Hedge on Jun 14, 2017.