US wholesale inventories in May revised lower

Business inventories have been drawn ​down for four straight quarters. Economists expect the rebuilding of inventories will blunt some of the anticipated drag on GDP from ​the trade gap. The Atlanta Federal Reserve's ⁠model is currently ‌forecasting gross domestic product will increase at a ​1.4% ​annualized rate in the second quarter.

Raccontata daeconomictimes.indiatimes.com