Rosenberg: The Manufacturing Collapse Has Resumed
Courtesy of Vince Veneziani and Gus Lubin at Clusterstock/Business Insider
Analyst Dave Rosenberg presents a series of enlightening charts this morning that show that for the first time in 14 months, manufacturing inventories are up across the board.
Rosenberg: Looking at the sector breakdown of the report, the charts below highlight the sectors that are seeing an outright inventory re-stocking at this time. In addition, what makes these sectors pop out is that they were also cited as areas of expansion in the latest Fed Beige Book.
The charts focus on everything from construction to defense research. While some sectors have been more turbulant in past months, it’s interesting to see them all rise for the first time in quite awhile.
Click here to view the charts >>>
See Also:
Rosenberg: Get Real, The Inventory Re-Stocking Cycle Is Coming To An End
About That GDP Inventory Decline…
Small Business Confidence Collapsed From October To November