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Spending did not keep up; if it had, the net effect on GDP would be zero. This is companies stocking up, and the items are in inventory. They will sell it over
by jfengel 1y ago
Spending did not keep up; if it had, the net effect on GDP would be zero.
This is companies stocking up, and the items are in inventory. They will sell it over the next quarter or so, at which point the tariffs will really weigh.
- cchance 1y agoI've heard this from a number of buyers for companies, that their companies have hugely held stockpiles, to avoid the tariff uncertainty in hope they get worked out before stockpiles run out... most of the ones i've talked to say its only gonna last a few months before shit really hits the fan