Firms Hedging Against Risk of No-Deal Brexit
S&P reports that companies are implementing contingency measures including inventory boosts, warehouse relocations, and supply chain adjustments.
Quarterly GDP Growth Increases to 4.1%
Some economists say the rate will be difficult to sustain in the third quarter. Fed officials forecast yearlong GDP growth of under 3%.
Oil Prices Fall as Crude Stocks Hit New Record
The price of the benchmark crude dropped to the lowest level since OPEC countries agreed to cut output by 1.8 million bpd in the first half of 2017.
Lower Inventories Boost Kohl’s Q4 Margins
But the retailer's net sales declined for a fourth straight quarter due to declining traffic in its brick-and-mortar stores.
GDP Misses Forecasts With 1.2% Growth in Q2
The pace of economic expansion has now been around 1% for three straight quarters but economists see some drags on growth fading.
Small Business Optimism: ‘No Real Enthusiasm’
The NFIB's Index of Small Business Optimism rose just two-tenths of a percentage point in May to 93.8.
U.S. Wholesale Stocks Climb 0.3% in January
The unexpected increase suggests "plenty of inventory pain remains in the pipeline," with inventory growth continuing to outstrip sales growth.
U.S. Economic Growth Slows to 0.7% in Q4
The dip in GDP may not signal a long-term slowdown because some impediments to growth in Q4, including inventories, were only temporary.
Wholesale Inventories Fall 0.1% in October
Businesses trimmed stockpiles of unsold merchandise after a record back-to-back increase in inventories in the first two quarters of this year.