- Prior 0.1%. Revised to 0.3%
- Wholesale sales -0.7% vs 0.4% exp. Prior 0.7%. Revised to 0.4%
- Inventory to sales ratio 1.19 vs 1.17 prior
Bigger inventory build than expected and a fall in sales.
A pretty worrying picture in sales with durables still looking weak. Autos fell again and non-durables took a dive, but there was a big jump in machinery sales which could point to the investment gates opening slightly.
Makes no difference to the dollar which stays steady at 107.78
US wholesale inventories and sales data 09 10 2014
US Inventory and Sales data show a bad mix.
