US March wholesale sales +0.7% vs +0.5% expected
Wholesale sales and inventory data
- Prior was -0.2%
- Inventories +0.1%, as expected
- Prior inventories revised to -0.6% from -0.5%
Not much to chew on here. The sales numbers are a better signal for Q2 but the inventories numbers won't help soft Q1 growth.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.