Wholesales Sales Drop By Most Since March 2009; Relentless Inventory Accumulation Continues

The relentless warehousing of wholesale inventories continues, even if the “any minute now” gusher of wholesale sales continues to be pushed back into the indefinite future. Sure enough, the March data showed that wholesale sales disappointed, and instead of growing 1.5%, declined by -1.6%, below…

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Wholesales Sales Drop By Most Since March 2009; Relentless Inventory Accumulation Continues

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