- All news
- Currency news
- Stock news
- Raw news
U.S. wholesale inventories down 0.4 percent in September
Department announced on Friday the U.S. wholesale inventories dropped 0.4
percent m-o-m in September, following a revised 0.1 percent m-o-m gain in August
(originally unchanged m-o-m). That marked the largest monthly fall since
Economists had forecast wholesale inventories declining 0.3 percent m-o-m in September.
According to the report, stocks of durable goods edged down 0.1 percent m-o-m after gaining 0.2 percent m-o-m in August, while inventories of nondurable goods fell 0.9 percent m-o-m, following a 0.1 percent m-o-m decrease in the previous month.
On a y-o-y basis, wholesale inventories rose 4.8 percent.
|remaining time till the new event being published|
- German GDP unexpectedly rose in the third quarter
- UK retail sales unexpectedly fell in October
- Eurozone: GDP up by 0.2% and employment up by 0.1% in third quarter
- Earnings Season in U.S.: Major Reports of the Week