US August wholesale sales +0.1% vs +0.4% expected

07/10/2022 | 14:00 GMT

US wholesale sales data for August 2022

Prior was +0.4%
Inventories +1.3% vs +1.3% expected
Prior inventories -1.4% (revised to -1.5%)

This will be a drag on Q3 GDP and we could see that in the updated Atlanta Fed tracker, though non-farm payrolls might lean the other way.

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