US: Wholesale inventories for November $610.2 billion, up 0.7% from October 2017

Eren Sengezer FXStreet

"Wholesale inventories for November, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $610.2 billion, up 0.7 percent from October 2017, and were up 3.8 percent from November 2016," the U.S. Census Bureau reported on Thursday.

The September 2017 to October 2017 percentage change was revised from down 0.5 percent to down 0.4 percent.

Retail inventories for November, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $619.1 billion, up 0.1 percent from October 2017, and were up 1.9 percent from November 2016.

The September 2017 to October 2017 percentage change was unrevised at virtually unchanged.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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