tag:blogger.com,1999:blog-11027528911364475.post2317515074974162811..comments2024-02-18T21:10:05.205-08:00Comments on EconomPic: Inventories...Negative = PositiveJakehttp://www.blogger.com/profile/07946497592651234440noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-11027528911364475.post-63041711336123689562009-03-13T06:05:00.000-07:002009-03-13T06:05:00.000-07:00david. we'll see how inventories look for february...david. we'll see how inventories look for february (they are a month lagged), but january sales were up 1.8% month over month, while inventories were down...Jakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-90973497339161561052009-03-13T05:39:00.000-07:002009-03-13T05:39:00.000-07:00I agree the inventory drop is positive; however, t...I agree the inventory drop is positive; however, the inventory to sales ratio remains at a high level, i.e., 1.43. This points to a faster fall off in sales versus the inventory decline. One area of concern in the I/S data was the increase in the I/S ratio for the consumer discretionary categories on a year over year basis as noted in my post yesterday.<BR/><BR/><A HREF="http://disciplinedinvesting.blogspot.com/2009/03/not-convinced-this-is-bottom-yet.html" REL="nofollow">Not Convinced This Is "THE" Bottom-Yet</A><BR/><BR/>Keep up the good work you publish on your site.<BR/><BR/>DavidDavid Templeton, CFAhttps://www.blogger.com/profile/08782216535717865701noreply@blogger.com