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Friday, October 09, 2015

Wholesale inventories rose 0.1% in August

  • Prior -0.1%
  • Sales -1.0% vs -0.3% exp m/m. Prior -0.3%
  • Inventory to sales ratio 1.31 vs 1.30 prior
Durable inventories rose 0.3% following a 0.1% drop in July and that's something that needs watching. The other main build was in Computer equipment which was up 1.9%. That may be in part to the upcoming thanksgiving and Christmas holiday periods, including the black Friday/cyber Monday sales days
The inventory sales ratio ticked up too and is something else that needs monitoring for signs of shelves not emptying...

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