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Wednesday, December 14, 2016

US October business inventories -0.2% vs -0.1%

Prior month 0.0%

 The US business inventories  for the month of October came in weaker than expected at -0.2% vs -0.1% estimate.  The prior month was also revised  lower to 0.0% from +0.1%. That should be a negative for Q4 GDP estimates.

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