Daily Roundup of Key US Economic Data for Oct. 8
MT newswire2026/10/08 18:5802:58 PM EDT, 10/08/2026 (MT Newswires) -- August wholesale inventories were revised down to a 0.5% increase from a 0.7% gain in the advance reading and followed a 1.4% gain. At the same time, wholesale sales increased by 1.8% after a 1.0% gain. Combined with already released data for the retail and factory levels of distribution, business inventories are on track for a 0.4% gain while business sales are tracking up 1.1%. Both will be released on Oct. 15, when updated retail inventory and sales estimates will be released. Initial jobless claims decreased by 2,000 to 197,000 in the week ended Oct. 3, lowering the four-week moving average by 2,500 to 198,000, a fifth straight decrease. Insured claims rose by 17,000 to 1.716 million in the week ended Sept. 26. Natural gas stocks rose by 85 billion cubic feet to 3.500 trillion cubic feet in the week ended Oct. 2, down 3.6% from a year earlier but 2.0% higher than the seasonal average for the current week over the previous five years. The Q3 GDP nowcast estimate from the Atlanta Fed is for a 3.6% gain, down from the previous estimate of a 3.7% gain.
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