Market Updates
Wholesale Inventories Growth Accelerates in November
Brian Turner
27 Dec, 2022
New York City
Wholesale inventories in November increased 1.0% from October to $933.6 billion after adjusting for seasonal factors and trading days in the period, the U.S. Census Bureau reported Tuesday.
November inventories jumped 21.0% from a year ago.
October inventories increase from September were revised higher to 0.6% from the previous estimate of 0.5%.
Retail inventories at the end of November increased 0.1% to f $738.7 billion and rose 18.4% from a year ago, after adjusting for seasonal factors and trading day difference.
Retail inventories in October were downwardly revised to a decline of 0.4% from the previous estimate of a decline of 0.2%.
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