The Commerce Department reported U.S. business inventories were unexpectedly flat in June, as a decline in retail inventories offset gains in manufacturing and wholesale inventories. Overall signal is neutral, but the surprise flat print could modestly affect near-term growth expectations.
The Commerce Department reported U.S. business inventories were unexpectedly flat in June, as a decline in retail inventories offset gains in manufacturing and wholesale inventories. Overall signal is neutral, but the surprise flat print could modestly affect near-term growth expectations.
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request DemoOverall Sentiment
neutral
Sentiment Score
-0.05
