February US wholesale inventories +1.0% vs +0.8% expected - ConsultFX

February US wholesale inventories +1.0% vs +0.8% expected

Wholesale trade sales and inventories for Feb 2018 - was +1.1% - Sales 1.0% vs +0.1% exp - Prior sales -1.1% (revised to -1.5%) - Inventory-to-sales ratio 1.26 vs 1.26 prior That will lead to some positive takes on GDP and the sales number (especially auto sales) is a good look for the future.