Dropping Inventories Good For Real Estate?
April 8th, 2009 categories: The Market
The Honolulu Advertiser reported “Wholesalers cut their inventories in February by the steepest amount in more than 17 years”. This has to be good for the economy and as the economy improves the Honolulu real estate market should follow.
“The sixth straight monthly drop in wholesale inventories also can be viewed as positive in the long-term because once stockpiles have been adjusted for the economic slowdown, businesses may be able to increase orders for new goods. But in the short run, the reductions will lead to fewer orders and less production.”
CLICK HERE TO READ THE ENTIRE HNA ARTICLE
Call me an optimist, but it makes sense to me that as inventory drops manufacturers will need to build more stuff. In order to build more stuff, they will have to hire more people. As jobs are created and more stuff is built, then the economy should shift? Let’s all work toward making this happen.
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If you would like to discuss your real estate needs, feel free to call me at 808-737-2093 or toll free at 877-737-2093. You can email me at keahi@lava.net.
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Let’s keep all the news positive! I would love to see more jobs come back. Thanks for the good news!
If I weren’t living in Colorado, I’d be living in Hawaii! My assistant just got back from 10 days in Honolulu this morning. She’s tan and happy!