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"Restoring inventory-to-sales ratios to moderately higher levels will require substantial inventory investment," said Steven Wood, president of Insight Economics in Danville, Calif.
Smith said gasoline inventory levels are their lowest in two years and crude oil has had two substantial draws in two weeks, leaving crude inventories below where they were last year at this time.
That seems unlikely, given inventory levels.
"Our inventory levels are not high.
Few organizations have the upfront money to build a substantial inventory.
An index measuring inventory levels declined to 39.3 from 41.4.
And the supply chain has basically reduced their inventory levels.
He predicted that would increase already bloated inventory levels.
This regional backup is also evident in foreclosure inventory levels.
At one leading retailer, 65% of inventory records were inaccurate (i.e., recorded inventory levels did not reflect actual inventory levels).
Emerging neighborhoods like Harlem, the financial district and Downtown Brooklyn still have substantial inventory, and prices will stay stable.
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