HALISTER1: U.S. ECO PREVIEW: Business Inventories, NAHB Due in 5 Minutes

U.S. ECO PREVIEW: Business Inventories, NAHB Due in 5 Minutes

(Bloomberg) -- Following are forecasts for today’s U.S. economic releases as compiled by Bloomberg News:
  • Business Inv. 0.4% m/m; range 0.3% to 0.8% (34 estimates)
    • Further increase in inventory-to-sales ratio could suggest "businesses are not properly managing their stockpiles given the pace of demand": Bloomberg Intelligence
  • NAHB 67; range 65 to 68 (39 estimates)
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Source: BFW (Bloomberg First Word)

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