Wholesale inventories gained 1% in November to beat expectations as sales increased and the inventory to sales ratio ticked up to 1.32. This helped to push up the expectation for 4th quarter Gross Domestic Product or GDP to 2.3% which should be just enough to meet the Fed’s desired target of 2% for the year.
Registered Investment Adviser
216E Mount Hermon Road
Scotts Valley, CA 95066
Local: (831) 334-5318
After nearly 19 years of live radio it was time to move on to new projects. My daily economic update was changed to a video format in 2019 and moved to my Business Face Book Page. Or you can call my office 831-334-5318 and take advantage of my still “free” after 20+ years initial consultation. Usually about an hour, will have an opportunity to get to know each other better and address your specific concerns on a one to one basis.