Pantheon Macroeconomics - Inventories subtracted 1.3 percentage points from headline GDP growth in the second quarter and were by far the biggest constraint on the economy.  This was the fifth straight drag from inventories, but it was more than twice the average hit over the previous year.

U.S. | 9 September. 2016 Inventories are Key to Q3 Growth, but Anything Could Happen
Inventories subtracted 1.3 percentage points from headline GDP growth in the second quarter and were by far the biggest constraint on the economy. This was the fifth straight drag from inventories, but it was more than twice the average hit over the previous year.

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9 September. 2016 Inventories are Key to Q3 Growth, but Anything Could Happen

By Ian Shepherdson

Inventories subtracted 1.3 percentage points from headline GDP growth in the second quarter and were by far the biggest constraint on the economy. This was the fifth straight drag from inventories, but it was more than twice the average hit over the previous year.

Posted: 8th Sep 2016 in 'U.S.'

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