US August wholesale sales +0.1% vs +0.4% expected<ul><li>Prior was +0.4%</li><li>Inventories +1.3% vs +1.3% expected</li><li>Prior inventories -1.4% (revised to -1.5%)</li></ul><p>This will be a drag on Q3 GDP and we could see that in the updated Atlanta Fed tracker, though non-farm payrolls might lean the other way.</p>
This article was written by Adam Button at forexlive.com.
Source: US August wholesale sales +0.1% vs +0.4% expected (https://forexlive.com/news/us-august-wholesale-sales-01-vs-04-expected-20221007/https://forexlive.com/news/us-august-wholesale-sales-01-vs-04-expected-20221007/)
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