Design: Nick DeSantis, Forbes StaffThe U.S. Department of Commerce Bureau of Economic Analysis first estimate for March quarter’s GDP growth is 2.3%. If inventories increase, it adds to GDP growth temporarily but eventually they will consumed, which subtracts from that quarter’s growth. Over the past 16 quarters the inventories impact has ranged from a negative 146 basis points to a positive 145 basis points. On a yearly basis inventory changes tend to not have as dramatic an effect. For 2015 it added 23 basis points, in 2016 it subtracted 40 basis points and in 2017 it subtracted 11 basis points.

Source: Forbes April 28, 2018 15:00 UTC