Details of the October 2015 US wholesale inventories and sales data report 9 December 2015
– . Revised to 0.2%
– Sales 0.0% vs 0.4% exp m/m. Prior 0.5%
– Inventory/sales ratio 1.31 vs 1.31 prior
That’s going to put a bit of touchiness into Q4 GDP as the draw down of stocks picks up. That’s would suggest sluggish production going forward