- Prior 0.7%
- Wholesale inventories 0.3% vs 0.6% exp m/m. Prior 0.5%. Revised to 0.3%
Not much to write home about in this report. Inventories falling should signal rising demand but alas the sales data doesn’t match up. It’s never a report you can really grab a trend from due to the seasonality of inventory builds, unless we see a good run in the sales data.
US wholesale sales 08 08 2014
US wholesale sales vs inventories 08 08 2014
