The Manufacturing Sector is Rolling Over But Inventories Keep Piling Up

Factory new orders are down year-over-year and barely afloat excluding transportation. Inventories are a concern.  The monthly report on Manufacturers' Shipments, Inventories and Orders, shows strong signs of a manufacturing sector that has peaked.  New orders for manufactured durable goods in May, down three of the last four months, decreased $3.1 billion or 1.3 percent...