Wholesale Inventories Jump – Is it a Warning?
Wholesale inventories came out and above expectations. This is something that should be watched as it gives us an idea of the manufacturing process and expectations for orders.
October Wholesale Inventories +1.9% vs +0.7% Briefing.com consensus, prior revised to +2.1% from +1.5%
From Briefing.com:
Wholesale Inventory Levels Continue Rapid Growth
Wholesale inventories...