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JOLTS, Wholesale trade

Summary:
Heading south: Sales in contraction year over year and inventories again elevated: Highlights Wholesale inventories rose 0.2 percent in August which is down from an initial estimate of 0.4 percent posted late last month. Inventories in July rose 0.2 percent. Sales at the wholesale level are subdued, unchanged in August to keep the stock-to-sales ratio in the sector unchanged at 1.36. For GDP, wholesale inventories in the first two months of the third quarter rose roughly in line with the second-quarter build which would be neutral for the inventory component of third-quarter GDP.

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Heading south:

JOLTS, Wholesale trade

JOLTS, Wholesale trade
Sales in contraction year over year and inventories again elevated:

JOLTS, Wholesale trade

Highlights

Wholesale inventories rose 0.2 percent in August which is down from an initial estimate of 0.4 percent posted late last month. Inventories in July rose 0.2 percent.

Sales at the wholesale level are subdued, unchanged in August to keep the stock-to-sales ratio in the sector unchanged at 1.36. For GDP, wholesale inventories in the first two months of the third quarter rose roughly in line with the second-quarter build which would be neutral for the inventory component of third-quarter GDP.

JOLTS, Wholesale trade

JOLTS, Wholesale trade

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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