Wall Street had been betting that higher oil prices will cause inflation. Now oil prices are dropping, and the leading theory is that cheaper goods could overheat the economy.
While both sales and inventories are up, analysts warn that consumers are being picky about what they purchase. And wholesalers need to decide how much to stock up for the uncertain future.
A cloudy outlook for consumer demand is causing many business owners to limit their growth plans out of caution. But keeping growth in check can have upsides.
The latest NFIB survey of small businesses found nearly a quarter of small businesses raised prices last month. And nearly a third plan to do so in the next three months.