Business Inventories increased by 0.2% in November to $1,133.1 billion lower than the consensus estimate of a 0.6% increase. Business inventories had increased by 0.8% in October, and currently stand 8.5% more than November 2009 levels. The inventories/sales ratio was 1.25 at the end of November, compared to 1.27 recorded a year ago.
Upcoming Releases
Net Foreign Purchases (01/18 at 9:00 AM EST)
Housing Starts (01/19 at 8:30 AM EST)
Initial Claims (01/20 at 8:30 AM EST)
Existing Home Sales (01/20 at 10:00 AM EST)
