Wholesale Inventories are expected today at 10:00 AM EST. Wholesale Inventories had increased by 0.1% in June to the $399.2 billion level and were down 0.3% from a year ago. Wholesale Sales had decreased by 0.7% in June to $347.4 billion, but were up 12.9% over the year. Sales of durable goods were down by 0.2% and sales of nondurable goods were down 1.1% over the month. The Inventory/Sales ratio was at 1.15, lower than the 1.30 ratio in June of 2009.
Upcoming Releases
Wholesale Inventories (09/10 at 10:00 AM EST)
Treasury Budget (09/13 at 2:00 PM EST)
Retail Sales (09/14 at 8:30 AM EST)
Business Inventories (09/14 at 10:00 AM EST)
