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US - Wholesales Trades in February

Wholesales remain resilient as durable goods decline.
  • Wholesales were up 1.2% in February form a revised 0.1% in January.
  • Inventories hike a half percent.
  • Durable goods are down 0.8% mainly from construction material.
Excluding petroleum, sales growth 0.4% as this report is not corrected for price. As durable goods are a leading indicator of consumption behavior, one can expect a slowdown in wholesales in the next few month.

Official press release

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Posted on Friday, April 6, 2007 at 10:00 AM |

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