Surveillance: Slowing US Growth
Bloomberg Surveillance
00:00
The Consumer's Resilience in the Second Quarter
Inventories shrank by 1.6 billion dollars in the first quarter, which is extraordinarily unusual. So businesses basically stopped producing stuff and started selling out of their warehouse. Lindsey Graham: Is this companies more bearish than the consumer is letting on? That they were prepared for an environment that was not as bleak nearly as consumers approved.
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