US wholesale inventories for August 1.0% vs 0.4% estimate

• US Wholesale inventories rose by a greater than expected 1% versus 0.4% estimate.  
• The prior month came in at +0.6%.
• Retail inventories for the month of August payment at +0.7%.  This was higher than the prior month at -0.1%
• durable goods inventories rose by 1% and up 5% on the year
• non-duurablle goods rose by 1.2% and are up 3.9% year

Higher inventories tend to increase GDP in the short term but can be a drag in the future. 

Below is the table of the raw amounts and % changes for the inventory data.