Tags: wholesale | inventories | trade | economy | commerce

Wholesale Inventories for December Revised Higher

Image: Wholesale Inventories for December Revised Higher
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Friday, 09 Feb 2018 10:51 AM

U.S. wholesale inventories rose more than initially estimated in December.

The Commerce Department said on Friday that wholesale inventories rose 0.4 percent after a revised 0.6 percent rise in November. The department reported last month that wholesale inventories rose 0.2 percent in December.

Sales at wholesalers rose 1.2 percent in December after gaining 1.9 percent in November.

At December's sales pace it would take wholesalers 1.22 months to deplete stocks, compared with 1.23 in November.

© 2018 Thomson/Reuters. All rights reserved.

   
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Economy
U.S. wholesale inventories rose more than initially estimated in December.The Commerce Department said on Friday that wholesale inventories rose 0.4 percent after a revised 0.6 percent rise in November.
wholesale, inventories, trade, economy, commerce
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2018-51-09
Friday, 09 Feb 2018 10:51 AM
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