US Sept business inventories +0.4% vs +0.5% expected | Forexlive
- Prior was +0.8% (revised to +0.9%)
- Retail inventories -0.1% vs -0.1% prior
With the revision, this is basically in line. There has been some decent inventory building in Q3 and that might lead to upward revisions to Q3 GDP. By the same token, it could be a drag on Q4 and beyond.