January 2018 US business inventories 14 March 2018

  • Prior 0.4%
  • Sales -0.2% vs 0.5% prior m/m
  • Inventory sales ratio 1.34 vs 1.33 prior

Invetories and sales had pretty much been running hand in hand recently so this is a bit of a set back. As long as this disconnect isn’t something that continues, it won’t change the underlying dynamics much.

Ryan Littlestone
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