US business inventories November 2017 0.4% vs 0.3% exp m/m

November 2017 Us business inventories data 12 January 2018

Prior -0.1%
Sales 1.2% vs 0.8% prior.
Inventory/sales ratio 1.33m vs 1.34m prior
Retail sales inventories ex-autos was unrevised at 0.2%

Much like the wholesale sales/inventory report earlier this week, we see another jump in sales. In this case it comes with a higher inventory count, which is no bad thing if sales are good. The ratio shows further tightening. Problems arise when inventories rise because stock isn’t shifting.