Avery Vise discusses the consumer sector and the retail inventories-to-sales ratio.
This Q&A response from The FTR Experts came from our November State of Equipment Rail Quarterly Update. View the video and the key takeaways below.
Key Takeaways:
- Retail and food service sales were at an all-time high in October, slightly due to inflation but mostly from the stimulus received recently.
- Inventories are not as depleted as they seem if you remove automotive from the equation as that is where most of the difficulty to meet demand lies.