02:31 PM EDT, 06/09/2025 (MT Newswires) -- April wholesale inventories were revised up to a 0.2% increase from a flat reading in the advance report.

At the same time, wholesale sales increased by 0.1%, less than expected, with auto sales down 0.9%.

Combined with already released data for the retail and factory levels of distribution, business inventories are on track for a flat reading while business sales are tracking down 0.1%. Both will be released on June 17, when updated retail inventory and sales estimates will be released.

The New York Fed's inflation expectations survey for May showed a decrease in price growth expectations compared with the previous month, with most commodities expected to see slower growth over the next year than previously anticipated.

The Q2 GDPnow estimate from the Atlanta Fed is for a 3.8% gain, unrevised from the previous estimate on June 5. The next estimate is scheduled for June 17.