U.S. | February declines in wholesale trade reflect low commodity prices and weaker demand
Published on Saturday, April 9, 2016
U.S. | February declines in wholesale trade reflect low commodity prices and weaker demand
Summary
Wholesale sales declined 0.2% MoM in February due to a drop in nondurable goods. Wholesale inventories declined more than expected due to drugs and farm products. Negative inventory data will weigh on GDP growth in 1Q16
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- wholesale trade
Authors
Filip Blazheski
Documents and files
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