- Wholesale inventories in the U.S. surged 0.8% in November
Market news
9 January 2015
Wholesale inventories in the U.S. surged 0.8% in November
The U.S. Commerce Department released wholesale inventories on Friday. Wholesale inventories in the U.S. rose 0.8% in November, exceeding expectations for a 0.4% increase, after a 0.6% gain in October. October's figure was revised up from a 0.4% rise.
That was the biggest increase since April 2014.
Inventories of durable goods increased 0.8% in November, while inventories of non-durable goods climbed by 0.7%.
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