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US preliminary wholesale inventories for November -0.2% versus -0.2% estimate

  • Prior month -0.2%
  • Wholesale Inventories for November:

    • Finish-of-month stage at $895.7 billion
    • Lower from October 2023: -0.2% (±0.2%)*
    • 12 months-over-year change from November 2022: Down -3.1% (±1.1%)
    • Revision for September to October 2023 change: From down -0.4% to down -0.3% (±0.4%)*
  • Advance Retail Inventories for November:

    • Finish-of-month stage at $794.9 billion
    • Lower from October 2023: -0.1% (±0.2%)*
    • 12 months-over-year change from November 2022: Up 5.1% (±0.7%)
    • September to October 2023 change: Unrevised at down -0.1% (±0.4%)*
    • Retail inventories ex auto for November -0.8% versus -1.1% final month (revised from -0.9%)

This text was written by Greg Michalowski at www.forexlive.com.

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