Posted on 02/09/2010 8:16:20 AM PST by tobyhill
Businesses slashed wholesale inventories sharply in December, a much weaker showing than expected and a troubling sign that companies are still too pessimistic about the economy to begin restocking shelves on a sustained basis.
Economists believe that the country won't be in a sustained recovery until businesses begin restocking their depleted shelves which will mean higher orders to factories and increased demand for manufacturing workers.
The Commerce Department said Tuesday that wholesale inventories were reduced 0.8 percent in December. Economists surveyed by Thomson Reuters had expected inventories to rise by 0.5 percent during the month.
(Excerpt) Read more at msnbc.msn.com ...
Companies far too pessimistic about Democrats.
They may want to reshuffle their economist mix...
Why do these experts not expect what happens? Makes me think maybe they are not experts after all.
Note the last line...
Retail container traffic to rise 25% in first half
2/8/2010 8:24:00 AM
http://www.hometextilestoday.com/article/CA6717990.html?desc=topstory
On a year-over-year basis, shipments are expected to climb 23% in March, 27% in April, 26% in May and 36% in June.
That would put the first half of 2010 at 7.4 million TEU, up 25% from last year’s 5.9 million TEU.
“This forecast assumes that we are not in a double-dip recession and that a recovery is underway,” said Hackett Associates founder Ben Hackett.
These TV economy experts just talk both sides of their mouth. If they describe the same issue multiple ways then they can never be wrong.
Oh, kind of like meteorologists.
No kidding. It’s taken me six months to get my hands on a 18.5” barrel for my Mossberg 500 at a decent price.
“It was a big slowdown in the pace of inventory reductions that contributed nearly two-thirds of the growth in the overall economy in the fourth quarter as measured by the gross domestic product.
The GDP shot up at an annual rate of 5.7 percent in the October-December period, the strongest showing in six years but the concern is that this boost from inventories will be temporary and GDP will slow significantly in coming quarters.”
Magic, voodoo, or gobbledygook?
We have the stupidest “experts” in the universe. They are surprised by everything!
What the ^&(*!@#*(
Weren’t we told the GDP soared to 5.7% because of “restocking of inventories”?
Now inventories were down?
The GDP grew without excess inventory means companies won’t be hiring anytime soon.
How absurdly unexpectedly unexpected!!
Unprecedented!!!
Oh...
Wait...
it’s called Propaganda.
All communists use it, zero included.
But the internet exposes the lie as soon as it’s told.
The firearms industry is booming.
On sunny days, they chase their own shadows and are surprised that they can't catch them...
I love the BS spin that this is good news, it’s not, it’s called Just In Time inventory, and that clearly reflects the business communities’ worries about consumer sentiment.
“Wholesale inventories fall more than expected (”Unexpected” again)”
Only unexpected because because MSNBC is buying into its own propaganda. I once had a dog that had that problem...
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