October 2017 US wholesale inventory revision 8 December 2017
- Flash -0.4%. Sep 0.1%
- Sales 0.7% vs 0.8% exp. Prior 1.3%. Revised to 1.4%
- Inventory sales ratio 1.25 months vs 1.26 months prior
The good news is the drop in the ratio as that keeps inventories leaner against stronger demand. There’s often a fine balance between holding stock amopunts compared to sales amounts and over the last couple of years, inventories crept up due to lack of demand. That balance has shifted back to sales which is good news for the economy and consumption.