US wholesale inventories fell 0.5% in December, but sales rose 1.0%, easing the inventories-to-sales ratio.

US wholesale inventories dropped by 0.5% in December, matching economists' forecasts, with durable goods seeing a larger decline than non-durable goods. Despite this, wholesale sales increased by 1.0%, driven by a significant rise in non-durable goods sales. The inventories-to-sales ratio for merchant wholesalers decreased to 1.31 from 1.33.

2 months ago
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