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U.S. | February declines in wholesale trade reflect low commodity prices and weaker demand

Publicada el sábado, 9 abril 2016

U.S. | February declines in wholesale trade reflect low commodity prices and weaker demand

Wholesale sales declined 0.2% MoM in February due to a drop in nondurable goods. Wholesale inventories declined more than expected due to drugs and farm products. Negative inventory data will weigh on GDP growth in 1Q16

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