Real gross domestic product edged down 0.1% in November, partly offsetting an increase of 0.3% in October. Decreases in wholesale trade, finance and insurance, manufacturing and construction more than offset gains in 13 of 20 industrial sectors. Goods-producing industries were down 0.3%, the third decline in four months, while services-producing industries were essentially unchanged.

The wholesale trade sector decreased 1.1% in November, more than offsetting October's growth, as six of the nine subsectors declined.