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Wholesale Sales and Inventory Data Was Absolutely Terrible in November 2014
Friday, January 9, 2015 8:58
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Written by Steven Hansen
The headlines say wholesale sales declined and inventories grew. This data series is very noisy, and continues on a roller coaster of good and bad data. Because of this noise, the best way to look at this series may be the unadjusted data three month rolling averages which decelerated for the fourth month in a row. The data for wholesale trade was terrible this month but it could have been caused by a changing seasonal demand.
Source: http://econintersect.com/a/blogs/blog1.php/wholesale-sales-and-inventory-data-was-absolutely-terrible-in-november-2014
