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Business inventories unchanged in April
CNBC Televisionยท2025-06-17 14:46

Morning, Carl. April business inventories expected to be unchanged arrived exactly as expected, unchanged. And here's what's fascinating.If you look at January, up 4/10. You look at February, up 2/10. You look at last month, up one/10enth, now unchanged.And this is the first month of the second quarter. And we see that the inventory build is coming the other way because of pulling forward. So, it does make sense.And of course, this number at zero isn't going to really contribute much to GDP, although we hav ...