Free Trial

February wholesale inv +0.2%, just below by.>

US DATA
US DATA: February wholesale inv +0.2%, just below the +0.3% exp by BBG 
and MNI, with durable inv +0.1% and nondurable inv +0.3%
------------------------------------------------------------------------
- Ex autos, wholesale inv would have been +0.2% and sales would have 
been +0.2%, according to an MNI calculation.
- Durable inv led by gains in machinery and miscellaneous durables, 
offset by declines in computer equipment, lumber, and metals. 
- Nondurable inv +0.3% on gains in drugs and apparel. 
- Durable sales +0.1%, autos +0.3%. Nondurable sales +0.4%, with 
petro +2.9%.
- Inv/sales ratio unch from 1.35 in Jan and up from 1.29 a year ago.
- According to an MNI calculation, business sales tracking +0.2%.
- Business inv cannot be calculated due to missing adv retail inv data.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.