In an early boost to third-quarter GDP, retail inventories rose a sharp
0.8 percent in July that reflected a 1.6 percent jump at auto dealers.
Excluding autos, retail inventories rose 0.3 percent. Given the strength
of underlying consumer demand, gains for retail inventories are welcome
and follow overall contraction of 0.3 percent in June.
...meanwhile...
Wholesale inventories rose 0.2 percent in July versus a revised no
change in June. At a year-on-year rise of 7.1 percent, inventories at
the wholesale level have been heavier than for retailers or
manufacturers, a factor that may limit the sector's third-quarter build.
Business Financing, Real Estate Financing, Micro-Business Loans, Personal Loans, Agriculture Financing, Land Loans, End Loans, Hard Money, Merchant Financing, Cash Flow Financing, Note Buyers. Commercial and Residential Construction Financing.
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