December 2015 US whole sale inventories
- Prior -0.3%. Revised to -0.4%
- Sales -0.3% vs -0.4% exp m/m. Prior -1.0%. Revised to -1.3%
- Inventory/Sales ratio 1.32 unch
Not as bad as feared which could ease some drag on growth numbers. If we'd have seen it down 0.3% or more then that would have been a negative signal for the next revision
On the other hand, sales aren't helping the equation. They may have beaten expectations but it's a case of less bad than good. The revision to last month doesn't help either.
US wholesale inventories
