“For two successive months now, warehouses have filled with unsold stock to a degree not previously seen since comparable data were available in 2007. This unplanned accumulation of stock is usually a precursor to reduced production in the coming months.“
“Profit margins are meanwhile coming under pressure from a combination of disappointing sales, stiff competition and rising input costs, the latter widely linked to tariffs. In short, manufacturers are making more goods but often not finding buyers for these products.”
~ Quote from Zero Hedge
Read in Zero Hedge
