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Thursday, July 26, 2018

Retail And Wholesale Inventories Unchanged

Retail inventories were unchanged in June following an unrevised 0.4 percent build in May. The lack of a retail build, together with no change for wholesale inventories in June and a 0.1 percent decline for durable inventories, both also released morning, will be trimming back inventory estimates for tomorrow's second-quarter GDP report.

...meanwhile...

Wholesale inventories were unchanged in June following a downward revised 0.4 percent build in May. These results together with no change for retail inventories in June and a 0.1 percent decline for durable inventories, both also released morning, will be trimming back inventory estimates for tomorrow's second-quarter GDP report. 

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