July 2016 US business inventories data report

  • Prior 0.2%

  • Sales -0.2% vs 1.0% exp m/m. Prior 1.2%

  • Inventory sales ratio 1.39 unch

Retailing stocks fell 0.3%, which wasn't as bad as the advance number of -0.4%. Retail ex-autos did fall more than the advance -0.2% to -0.3%. If people are expecting a boost to growth from inventories in Q3 they may be disappointed in that it won't be as big as expected.

US business inventories