The World, and Everything in it
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Wednesday, February 15, 2017
December 2016 US business inventories 0.4% vs 0.4% exp m/m
Prior 0.7%
Sales 2.0% vs 0.3% prior
Inventory/sales ratio 1.35 vs 1.38 prior
Retail inventories revision 0.4% vs 0.2% advance. Nov 0.5%
A decent jump in sales and that east into the inventories, which would suggest a pick up in things like production is coming.
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