A report released by the Commerce Department on Friday showed a modest decrease by U.S. wholesale inventories in the month of July.
The Commerce Department said wholesale inventories dipped by 0.2 percent in July after falling by a revised 0.7 percent in June.
Economists had expected wholesale inventories to edge down by 0.1 percent compared to the 0.5 percent decrease originally reported for the previous month.
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Forex News
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.