Q1 the GDP contracted... if it does it again Q2--which we have only 2 more months to go--we'll be in textbook recession.
I do think there is pent-up demand in some commodity markets that will keep some industries busy through the summer into Q4, but we are all going to be shocked with how full dealer lots magically become over the next 12-18 months.
I don't think so. 85% of my incoming inventory over the next 6 months is already sold. Most of the other 15% will be sold before it arrives.
Stock orders are a way back seat to retail orders. Until there are weeks of lesser and lesser retail orders, we won't see stock units getting built.