Swiss Economicblogs.org
In the same way as durable goods orders and US imports, wholesale sales in May 2017 were up somewhat unadjusted but down for the third straight month according the seasonally-adjusted series. As with those other two, the difference is one of timing. In other words, combining the two sets, seasonal and not, we are left to interpret a possible recent slowing in activity. There are gains year-over-year to be sure, but it...
Read More »Wholesale: No Acceleration, No Liquidation
