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The New DU. Reply #3: So the figure that alarms you is
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Thu Mar-30-06 06:09 PM
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| 3. So the figure that alarms you is |
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"Change in private inventories"? Particularly in light of the drop in durable purchases?
That sounds like how recesssions begin, old school. The conventional wisdom is that not every increase in inventories is followed by a recesssion, but most recessions are preceded by an increase in inventories.
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