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US wholesale inventories for September +0.2% vs estimate of +0.1%
Title text for next articleRetail inventories +0.3% versus +0.6% last The US wholesale inventories increased by 0.2% versus 0.1% estimate for September. The prior month remained at -0.2%. Retail inventories for September increased by 0.3% (no estimate).. The prior month was up by 0.6%. Taking out autos, the inventories rose by +0.1% vs +0.3% last. Higher inventories are a positive to GDP generally but the gain is still modest. The advanced US GDP (a key release) for the 3Q will be released on Friday. Estimates from economists are centered around 2.5%. The Atlanta Fed GDPNow forecast is estimating 2.0% now. They will ... (full story)