US July wholesale sales +1.4% vs +0.2% expected ...Middle East

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US July wholesale sales +1.4% vs +0.2% expected
Prior sales were +0.3%Inventories +0.1% vs +0.2% priorPrior inventories +0.2%

This is a lower-tier report but the inventories feed into GDP and lead to large, short-term swings, especially with all the stockpiling and de-stocking around tariffs.

This article was written by Adam Button at investinglive.com.

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