"Dude, where's my inventory," asks Bill McBride, as the imminent start of the spring selling...

|By:, SA News Editor

"Dude, where's my inventory," asks Bill McBride, as the imminent start of the spring selling season has yet to bring much product forward. Inventory is up just 3.4% thus far this year, and stands 23.2% below a year ago. If the rest of March doesn't bring substantial gains then razor-thin inventories may not be done bottoming.