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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