What happened to the inventory overhang?

Terry Fitzgerald and Jennifer K. Ransom

Economic Commentary, 1998, issue Mar

Abstract: The large inventory buildup in the first half of 1997 led to media warnings of a substantially weaker economy by year's end. The authors examine the rationale for these warnings, and argue that inventory accumulation is an unreliable predictor of future economic strength.

Keywords: Business cycles; Inventories (search for similar items in EconPapers)
Date: 1998
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