FOREX TradingCharts.com

Financial News: U.S. Wholesale Inventories Increase In Line With Estimates

U.S. Wholesale Inventories Increase In Line With Estimates In July

09/10/2021 - 10:56:00 (RTTNews)

(RTTNews) - A report released by the Commerce Department on Friday showed wholesale inventories in the U.S. increased in line with economist estimates in the month of July.

The report said wholesale inventories rose by 0.6 percent in July after jumping by 1.2 percent in June. The increase matched expectations as well as the preliminary estimate.

Inventories of durable goods shot up by 1.0 percent during the month, more than offsetting a 0.1 percent dip in inventories of non-durable goods.

The Commerce Department also said wholesale sales surged up by 2.0 percent in July after spiking by 2.3 percent in June.

The report showed sales of durable goods jumped by 1.1 percent, while sales of non durable goods soared by 2.8 percent.

With sales increasing by more than inventories, the inventories/sales ratio for merchant wholesalers fell to 1.20 in July from 1.22 in June.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Dutch GDP Expands More Than Initially Estimated In Q2 (02 min(s), 59 sec(s) ago)
(RTTNews) - The Dutch economy grew more than initially estimated in the second quarter, final data ...Full Story»

Singapore Inflation Slows Slightly In August (55 min(s), 59 sec(s) ago)
(RTTNews) - Singapore consumer price inflation moderated slightly in August reflecting lower priva ...Full Story»

European Economics Preview: BoE, SNB Policy Announcements Due (02 hr(s), 08 min(s), 59 sec(s) ago)
(RTTNews) - Monetary policy announcements from the Bank of England and the Swiss National Bank are ...Full Story»

Brazil Central Bank Lifts Key Rate By 100 Bps; Signals Another Hike Next Month (02 hr(s), 08 min(s), 59 sec(s) ago)
(RTTNews) - Brazil's central bank raised its key interest rates by 100 basis points on Wednesd ...Full Story»

Australia Manufacturing PMI Jumps To 57.3 In September - Markit (56 min(s), 01 sec(s) ago)
(RTTNews) - The manufacturing sector in Australia continued to expand in September, and at a faste ...Full Story»

Australia PMI Data On Tap For Thursday (46 min(s), 01 sec(s) ago)
(RTTNews) - Australia will on Thursday release September PMI data from Markit Economics, highlight ...Full Story»

Fed Says Tapering Asset Purchases May Be Warranted 'Soon' (15 min(s), 01 sec(s) ago)
(RTTNews) - Citing progress towards it goals of maximum employment and price stability, the Federa ...Full Story»

Eurozone Consumer Confidence Improves In September (25 min(s), 01 sec(s) ago)
(RTTNews) - Euro area consumer confidence improved in September for the first time in three months ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Dutch GDP Expands More Than Initially Estimated In Q2

09/23/2021 - 02:11 AM (RTTNews)
(RTTNews) - The Dutch economy grew more than initially estimated in the second quarter, final data ...Full Story>>

Singapore Inflation Slows Slightly In August

09/23/2021 - 01:18 AM (RTTNews)
(RTTNews) - Singapore consumer price inflation moderated slightly in August reflecting lower priva ...Full Story>>

Brazil Central Bank Lifts Key Rate By 100 Bps; Signals Another Hike Next Month

09/23/2021 - 00:05 AM (RTTNews)
(RTTNews) - Brazil's central bank raised its key interest rates by 100 basis points on Wednesd ...Full Story>>

European Economics Preview: BoE, SNB Policy Announcements Due

09/23/2021 - 00:05 AM (RTTNews)
(RTTNews) - Monetary policy announcements from the Bank of England and the Swiss National Bank are ...Full Story>>

Australia Manufacturing PMI Jumps To 57.3 In September - Markit

09/22/2021 - 19:10 PM (RTTNews)
(RTTNews) - The manufacturing sector in Australia continued to expand in September, and at a faste ...Full Story>>

Do not sell my personal information

Copyright © 2021. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.