Canada August wholesale trade sales data:
- Prior was +4.3% (revised to +5.2%)
- 4 of 7 subsectors rose, led by building materials and vehicles
- Declines led by households goods
- Sales are 1.7% above pre-pandemic levels
- Inventories were flat
These numbers are solid but dated. I don't know if they tell us anything about where the economy is in October.
