Loading ...I KNOW you are NOT a nitwit. Pretty much the opposite you are. I’m glad you said what you said. Inventories and purchasers are related to RETAIL. And the BOZOS have no business, putting RETAIL in a “productivity” subject.
I was talking my experiences with factories, factory PRODUCTION workers.
Retail certainly is in big trouble. manufacturing started having trouble after 1975. All others problems came later. Retail second to last. The last to have trouble are the public employees.
I see signs manufacturing is returning. We were first out in ’75, and first back in after ’09. Retail will be bad for a long time imo.