US: Business inventories in the limelight – Nomura

US business inventories likely rose at a steady pace in December, suggests the research team at Nomura.

Key Quotes

“The Census Bureau’s December factory orders report indicated inventories at factories rose at a solid pace. However, advance estimates by the Census Bureau suggest inventories held by wholesalers and retailers only rose modestly. Altogether, it is likely the final business inventory estimates for December will come in close to the estimates implied by the BEA’s advance Q4 real GDP report. Change in inventories subtracted 0.67pp from real GDP growth in Q4, after a strong Q3 contribution.”


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.