The Inventory Question
April 14, 2010 at 14:44 PM EDT
Mark Thoma asks a very good question: “I hadn’t looked at this for awhile—should I interpret the return of the inventory-sales ratio to near normal levels as good news?” Here’s the picture Thoma was looking at, updated to incorporate today’s U.S. Census Bureau release on February manufacturing and trade inventory and sales: Tim Duy [...]