2018 Economic Calendar
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Wholesale Trade  
Released On 10/10/2018 10:00:00 AM For Aug, 2018
PriorConsensusConsensus RangeActual
Inventories - M/M change0.6 %0.8 %0.7 % to 0.8 %1.0 %

Highlights
Inventories at the wholesale jumped a very strong 1.0 percent in August following a sizable 0.6 percent build in July. These results will be solid positives for third-quarter GDP and will help offset the sharp widening underway in the nation's trade deficit. The jump in August lifts the year-on-year build to 5.3 percent which, however, is still well below sales in the wholesale sector which are up a very sharp 9.2 percent. There is no danger of unwanted inventory overhang as wholesalers appear to be struggling to keep up with demand.

Consensus Outlook
Wholesale inventories, which have been lean relative to sales, are expected to rise a very sharp 0.8 percent in August, unchanged from the month's advance reading and compared against a 0.6 percent build in July.

Definition
Wholesale trade measures the dollar value of sales made and inventories held by merchant wholesalers. It is a component of business sales and inventories.  Why Investors Care
 
 

2018 Release Schedule
Released On: 1/102/93/94/105/96/87/118/99/1110/1011/912/7
Release For: NovDecJanFebMarAprMayJunJulAugSepOct
 


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