With a third of the month left, it is time for monthly projections. As expected, the sales continue to struggle. If it wasn't clear already, the data almost certainly shows that we will break the all time low sales record for not only the month of April, but also for the accumulated annual total.
With low sales come higher inventory. The total inventory rise parallels that of 2008 and is projected to rise 3-4k more by the end of June. By August and September, we should be flirting with record high total inventory.
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