Wholesale Inventories increased by 0.1% in June to $399.2 billion, lower than the expected 0.9% increase, following an increase of 0.5% in May, but are down by 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

FOMC Policy Statement (08/10 at 2:15 PM EST)
Trade Balance (08/11 at 8:30 AM EST)
Crude Inventories (08/11 at 10:30 AM EST)
Treasury Budget (08/11 at 2:00 PM EST)

 
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