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US wholesale inventories increase 0.9% versus +0.2% estimate

Prior month was revised up to -0.1% from -0.4%

The US wholesale inventories for November showed a increase of 0.9% versus 0.2% estimate. Retail inventories increased by 1% versus -0.4% last month.

  • Durable goods inventories increased by 0.9%
  • Non-durable goods inventories also increased by 0.9%
  • Retail inventories excluding motor vehicle and parts increased by 0.5%

The rise in inventories should be a positive for GDP. While the wider trade deficit should be a negative. The next Atlanta GDPNow estimate won't be until after the New Year on January 3rd.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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