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News 2026-07-08 19:10 UTC

Daily Roundup of Key US Economic Data for July 8

() -- May wholesale inventories were revised down to a 0.1% increase from a 0.3% gain in the advance reading. At the same time, wholesale sales increased by 3.4%, much more than expected, led by a price-related surge in petroleum prices. Combined with already released data for the retail and factory levels of distribut