January 2018 US wholesale sales and inventory revisions 9 March 2018
- Prior 1.2%. Revised to 0.8%
- Inventory revision 0.8% vs 0.7% exp. Prior 0.7%
- Inventory/sales ratio 1.26 vs 1.23 prior
Sales were ticking along nicely so this is a bit of a slap in the face. Sales were down in durables, non-durables, autos, and machinery. There could still be some seasonality playing out in the number though.
Ryan Littlestone
Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
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