Preliminary July wholesale inventories. Prior month revised to 0.2% from 0.3%

The US wholesales inventories came in a touch weaker than expected at 0.0% for July. The expectations were for a 0.1% gain.

  • Durable goods inventories were up 0.3% (last -0.3%)
  • Non Durable goods were down -0.6% (last +0.9%)
  • Retail inventories were down -0.4% (last +0.3%)