Details of the August 2015 US wholesale inventories data report 9 October 2015
– 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