Wholesale Inventories Rise in August

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Economic Update: Wholesale Inventories

The Commerce Department reported that Wholesale Inventories rose by +0.5% in August, which was in line with the consensus estimate for an increase of +0.% and July’s revised reading of +0.6% (from +0.7%).

For reference:

• June: -0.2%
  
• May: +0.0%
  
• April: +0.5
  
• March: +0.03%
  
• February: +0.9%
  
• January: +0.6%
  
• December: +1.0%
  
• November: +0.0%
  
• October: +1.6%

Why do you care about this report? Because inventories are part of the all-important GDP calculations.

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Other stories on the US Economy to review:

• NFIB: Small Business Optimism Holds Steady
  
• Jobs Report Shows Unemployment Rate Dives to 7.8% in September
  
• Factory Orders Pull Back As Expected in August
  
• Challenger: Planned Job Cuts Remain Near 21-month Low
  
• ISM Non-Manufacturing Index Improves in September, But...
  
• ADP Report Shows Job Market Improved Modestly in September
  
• ISM Manufacturing Returns to Expansion Mode in September
  
• University of Michigan Consumer Sentiment Improves in September
  
• Chicago PMI Dives Below 50 in September
  
• Personal Income and Spending a Mixed Bag in August
  
• Pending Home Sales Point To a Potential Problem
  
• GDP Growth Rate Revised Down Significantly in Q2
  
• Durable Goods Orders Plunged in August
  
• New Home Sales Steady in August
  
• Richmond Fed Index Surprises to the Upside
  
• Consumer Confidence Surges Higher in September
  
• Case-Shiller Home Price Index Improves for 3rd Straight Month
  
• Philly Fed Index Improves in Sept, But Weakness Persists
  
• LEI Dips in August
  
• Exsiting Home Sales Improve in August
  
• Housing Starts Up in August, Permits Lower
  
• Homebuilder Confidence Up Again in Sept
  
• Industrial Production, Capacity Utilization Decline in August
  
• Retail Sales Improve In August
  
• CPI - Inflation In Line With Consensus
  
• PPI Hotter Than Expected in August
  
• U.S. Productivity Improves, Labor Costs Steady

 

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