It's August but we are still discussing second-quarter data. That's how lagging some of these Census Bureau reports are.

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Will there be an inventory build in the third quarter? More importantly, will consumer spending be strong enough to support a build. The consensus opinion now is sales will be strong and there will be an inventory build on top of that. But consumers went on an amazing spending spree in the second quarter. I doubt it will be repeated.

Mike "Mish" Shedlock

Industrial Production Rebounds in June from Revised Lower May

Industrial production rose a consensus-expected 0.6% in June. However, May was revised from -0.1% to -0.5%.

May-June Revision Ping-Pong Match Continues with Durable Goods

Durable goods orders rose 2.0% in June from a revised 2.3% decline in May.

Wholesale Inventories Up 0.4 Percent: Spotlight on Autos

Wholesale inventories were up 0.4% in December vs expectations of a 0.2% rise. Revisions knocked November lower.

Wholesale Trade: Inventory-to-Sales Ratios Extremely Elevated

Wholesale trade inventories rose 0.1% for the month compared to Bloomberg Econoday expectations of a 0.2% rise.

Wholesale Inventories Rose 0.3 Percent in September: Unwarranted Inventory Build?

The Census Bureau reported wholesale trade inventories rose 0.3 percent in September. This was an expected result given the Census Bureau's advance estimates.

Retail Sales Jump 0.5% in July, June Revised Lower

July retail sales come in well above expectations even accounting for the downward revision in June from 0.4% to 0.2%.

Wholesale Inventories Jump 0.7%, Retail Up 0.1%: Impact on GDP?

The Census Bureau Advance Inventory Report shows wholesale inventories rose 0.7% while retail inventories were up 0.1%.

June New Home Sales Decline 5.3 Percent from Huge Revision Lower in May

Economists missed the mark badly on new home sales estimates. And over half of last month's surge was revised away.

Wholesale Trade Inventories Decline; Revisions Announced; First Quarter GDP Troubles Brewing

According to the Census Department’s Monthly Wholesale Trade Report, inventories declined 0.2% in January.