Wholesale Inventories Down 0.4%, Retail Down 0.1%

Mike Shedlock
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Posted: Nov 29, 2017 12:01 AM
Wholesale Inventories Down 0.4%, Retail Down 0.1%
Wholesale and retail inventories both declined in October according to the Census Bureau Advance Indicators report.

Census Bureau Advance Inventory Numbers


Chart excerpted from the Census Bureau Advance Indicators report.

The inventory numbers are likely to reduce fourth-quarter GDP estimates slightly.

Mike "Mish" Shedlock