I'm going to pretend that machinery = guns so that we can get the trifecta of Guns, Drugs, and Booze as the only things people are buying (besides food). I'm not sure if I'm scared or excited by this...
Whether they are actually included in machinery or not is besides the point. Guns and Ammo sales have gone ballistic ever since Obama won. Many gun shops have almost no ammo in stock and everything is back ordered. Any gun that is semi auto is sold or fetching an abnormally high price.
...Vehicle inventories rose 1.7 percent, after increasing 1.5 percent the prior month, while auto sales fell 8.1 percent, today’s report showed. That pushed the industry’s inventory-to-sales ratio up to a record 2.31 months...
Whether they are actually included in machinery or not is besides the point. Guns and Ammo sales have gone ballistic ever since Obama won. Many gun shops have almost no ammo in stock and everything is back ordered. Any gun that is semi auto is sold or fetching an abnormally high price.
ReplyDeletethanks Jake,
ReplyDeletedo you have a chart of this data (industry sales ratio)?
http://www.bloomberg.com/apps/news?pid=20601087&sid=aqy916XMGh30
...Vehicle inventories rose 1.7 percent, after increasing 1.5 percent the prior month, while auto sales fell 8.1 percent, today’s report showed. That pushed the industry’s inventory-to-sales ratio up to a record 2.31 months...
thanks a lot!