Inventory Swings

(1) Having too much inventory during a recession is a problem. So is not having enough during a recovery. (2) Companies responded rapidly to pandemic by slashing orders and production. (3) Inventory liquidation during H1 set stage for rebound during H2. (4) Pent-up saving and demand during lockdown recession triggered V-shaped recovery as restrictions were lifted. (5) Retail sales lead bungee rebound in business sales. (6) Inventories can be a big swing factor for real GDP. (7) Good for transportation. (8) Something is really not right with jobless claims data.