Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations but not for price changes, were $595.3 billion at the end of November, up 1.0 percent from the revised October level. Total inventories are up 1.4 percent from the revised November 2015 level. The October 2016 to November 2016 percent change was revised from the advance estimate of up 0.9 percent to up 1.0 percent.

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