They had starting inventory (ipads in channel but shipped in the prior 6 months).
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Right now there are still positive numbers in transportation, but manufacturing is starting to weaken as inventory rebuilding catches up and surpasses current demand.
Several major political issues are still looming over Wall Street: the lack of significant, sustainable job creation through incentives for starting or expanding small businesses, the housing inventory glut, overspending and the national debt, and the Dodd-Frank Bill (only 5% of which has been implemented to date).
The reduction in inventory liquidation has been key to economic growth starting in the second half of 2009.
Still, the bidding wars caused by tight inventory provide the latest evidence that housing demand is starting to pick up after a six-year-long slump.
"Best Buy is starting to run a tighter ship in which demand is properly aligned with inventory, " he said.
The fact that the housing market is starting to stabilize a little bit -- there's still a lot of inventory out there before people then actually start building new homes.
Nike, which will become the exclusive supplier of NFL jerseys to all of the league's 32 teams starting next month, says Reebok should be limited to selling what remains of its existing inventory of products, which would include Tebow apparel from his former team, the Denver Broncos, not new Jets products.
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