US Wholesale inventories for November -0.2% vs +0.2% estimate

• Prior month wholesale inventories +0.1% revised from 0.2%

• Wholesale Inventories

  • November Level: Estimated at $901.6 billion, a 0.2% decrease from October and a 0.9% increase from November 2023.
  • October Revision: Growth revised down from +0.2% to +0.1%.

  Retail Inventories

  • November Level: Estimated at $827.5 billion, a 0.3% increase from October and a 7.2% increase from November 2023.
  • October Estimate: Unchanged at +0.2%.
  • Retail inventories ex autos rose 0.6% vs 0.3% last month (was 0.1%)

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