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US business inventories for November +0.4% versus 0.4% estimate

US business inventories for November +0.4% versus 0.4% estimate
  • Prior month 0.3% revised to +0.2%
  • Business inventories +0.4% versus 0.4% estimate
  • Retail inventories ex auto -0.3% versus -0.7% per.
  • Sales-0.8% from October 2022 but were up 7.4% from November 2021
  • inventory to sales ratio came in at 1.35. That compares to 1.26 from a year ago

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Posted: Jan 18 2023, 15:00
Author Name: forexlive
Views: 110694

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