The U.S. Commerce Department released the business inventories data on Wednesday. The U.S. business inventories rose by 0.2% in November, in line with expectations, after a 0.2% gain in October.

Business sales declined 0.2% in November.

Retail inventories excluding autos climbed 0.1% in November.

The business inventories/sales ratio was 1.31 months in November. The business inventories /sales ratio is a measure of how long it would take to clear shelves.