US July wholesale sales +1.4% vs +0.2% expected

• Prior sales were +0.3%
• Inventories +0.1% vs +0.2% prior
• Prior inventories +0.2%

This is a lower-tier report but the inventories feed into GDP and lead to large, short-term swings, especially with all the stockpiling and de-stocking around tariffs.

This article was written by Adam Button at investinglive.com.