U.S. wholesale inventories fell 0.2% in September, while wholesale sales increased by 0.3%.

In September, U.S. wholesale inventories decreased by 0.2%, slightly more than the anticipated 0.1% drop, while wholesale sales rose by 0.3%, surpassing projections. Durable goods inventories fell by 0.5%, countered by a 0.3% increase in non-durable goods. Total inventories for wholesalers stood at $903.7 billion, reflecting a slight decrease from August. The inventories-to-sales ratio for September was 1.34, up from 1.33 a year earlier.

November 07, 2024
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