Welcome!

Thursday, July 28, 2016

Wholesale Inventories Unchanged

Wholesale inventories are unchanged in the preliminary reading for June following a 0.1 percent gain in May. Retail inventories rose 0.5 percent in June vs 0.5 percent also in May. These builds are constructive, limited on the wholesale side with the retail build in line with what have been very strong results for retail sales. These results, together with this morning's data on goods trade, are part of the government's new "advance economic indicators report".

No comments:

Post a Comment

Legal Shield

Pre-Paid Legal