Details of the October 2015 US wholesale inventories and sales data report 9 December 2015

  • Prior 0.5%. Revised to 0.2%
  • Sales 0.0% vs 0.4% exp m/m. Prior 0.5%
  • Inventory/sales ratio 1.31 vs 1.31 prior

That's going to put a bit of touchiness into Q4 GDP as the draw down of stocks picks up. That's would suggest sluggish production going forward

Autos saw the biggest drop falling 0.5% vs +0.3% prior

Sales don't look too hot either with falls in autos leading again and durables looking icky

Inventory and sales details

Wholesale inventories