03:00 PM BST, United States - Business Inventories for July:
- actual 0.4% MoM; forecast 0.3% MoM; previous 0.3% MoM;
In July, adjusted for seasonal variations, distributive trade sales and manufacturers' shipments totaled $1,880.7 billion—up 1.1% from June 2024 and 2.9% from July 2023—while inventories reached $2,574.9 billion, increasing 0.4% month-over-month and 2.5% year-over-year.
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BREAKING: US wholesale sales lower than expected
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