US December advance wholesale inventories -0.5% vs -0.2% prior

• Prior was -0.2%
• Retail inventories ex-autos +0.2% vs +0.5% prior

This is a big input for Q4 GDP. The first look at that report is coming up on Thursday and I’d expect the Atlanta Fed GDPNow tracker to be revised down later today on this. It’s currently at 3.2%.

This article was written by Adam Button at www.forexlive.com.