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Thursday, April 26, 2018

Retail Inventories Fall, Wholesale Inventories Rise

Retail inventories fell 0.4 percent in March, mostly offsetting a 0.5 percent rise for wholesales inventories which were also released with today's advance data. Despite the retail results, inventories look to contribute to tomorrow's first-quarter GDP report.

...meanwhile...

Wholesale inventories rose 0.5 percent in March, mostly offset however by a 0.4 percent draw for retail inventories which were also released with today's advance data. Despite the retail results, inventories look to contribute to tomorrow's first-quarter GDP report. 

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