Inventory data for January
- Prior was +1.0% (revised to +0.9%)
- Retail inventories +0.8% vs 0.0% prior
- Durable goods inventories +0.7%
- Nondurable goods inventories +1.4%
- Ex petro +0.6%
- Sales +2.6%
Inventories are running a bit lean and that could later lend a boost to growth.