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US August wholesale sales +1.8% vs +0.5% expected

US August wholesale sales +1.8% vs +0.5% expected

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Adam Button
10/10/2023 | 14:00 GMT
  • US August wholesale sales and inventories
  • Prior was +0.8% (revised to +1.2%)
  • Inventories -0.1% vs -0.1% expected
  • Stock to sales ratio 1.36 vs 1.39 prior

This is another bullish signal for Q3 GDP.

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