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August 9, 2013

Inventories (a GDP component) down.

August 9, 2013

Inventories (a GDP component) down.

Wholesale Trade (June 2013)

– Inventories Month/Month -0.2%.  Previous was -0.5%.

This is a component of GDP and the -0.2% drop after the largest drop since September 2011 is of some concern.  Ultimately it is Retail Sales which drives inventories.