Businesses continued to brace for the imposition of tariffs, with total inventories increasing by 0.2% in February after rising by 0.6% in January. … READ MORE >
wholesale inventories
Surprises in jobless claims and goods trade make up for decline in durable goods orders
Encouraging economic news came from the early release of data on Wednesday: Jobless claims dropped to 199,000 last week, the lowest since 1969, while the advance goods trade deficit narrowed significantly to $82.9 billion in October, led by a sharp rise in exports. … READ MORE >