Inventory changes are a significant part of GDP.
- Prior revised to +0.4% from 0.3%
- Sales -1.9% vs 0.2% expected
- Prior sales revised to 0.1% from 0.5%
The steady growth in inventories in the past 6 months unwinds a drawdown in early/mid-2013 but it may be artificially boosting near-term growth.
wholesale inventories
