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US June wholesale sales -0.7% vs +0.1% expected

US June wholesale sales -0.7% vs +0.1% expected

News
Adam Button
08/08/2023 | 14:00 GMT
  • US June wholesale sales and inventories
  • Prior was -0.2% (revised to -0.5%)
  • Wholesale inventories -0.5% vs -0.3% expected
  • Prior inventories -0.3%

This number will lead to a negative revision to Q2 GDP and the sales number is a poor sign for Q3.

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