• U.S. wholesale inventories decrease more than initially estimated in January

Notícias do Mercado

6 março 2020

U.S. wholesale inventories decrease more than initially estimated in January

U.S. wholesale inventories decrease more than initially estimated in January

The Commerce Department announced on Friday the U.S. wholesale inventories fell 0.4 percent m-o-m in January 2020 instead of declining 0.2 percent m-o-m as previously reported.

Economists had forecast the reading to drop 0.2 percent m-o-m. In December, wholesale inventories fell 0.3 percent m-o-m.

According to the report, auto inventories edged up 0.1 percent m-o-m in January, while and apparel inventories dropped 0.9 percent m-o-m.

In y-o-y terms, wholesale inventories grew 0.4 percent in January.

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