BEA provided advance wholesalers inventory was not definitive but did show inventories towards 900 bil. this means if goes done further will break the holding action since 2023. to 750 bill? change in whol inv shows up NGDP - 750 bil would be drop 2% in NGDP

obviously the "cutting edge" now in trying to figure out what is going on as the results of tariffs and effect on income and expenditures will show in wholesalers inventories. it is the real ISM report or ISM made into real $