Details from the December 2016 US business inventories data report 15 February 2017

  • Prior 0.7%. Revised to 0.8%

  • Sales 2.0% vs 0.3% prior. Largest gain since 2011

  • Inventory/sales ratio 1.35 vs 1.38 prior. Lowest since Dec 2014

  • Retail inventories revision 0.4% vs 0.2% advance. Nov 0.5%

A decent jump in sales and that eats into the inventories, which would suggest a pick up in things like production is coming.

US business inventories m/m