Wholesale Inventories increased by 1.1% in January to $436.9 billion, against the expected 0.9% increase, following an increase of 1.0% in December, and are up by 11.9% from a year ago. Wholesale Sales had increased by 3.4% in January to $387.0 billion and were up 15.4% over the year. Sales of durable goods were up 2.3% and sales of nondurable goods were up 4.4% over the month. The Inventory/Sales ratio was at 1.13, lower than the 1.16 ratio in January of 2010.
Upcoming Releases
Crude Inventories (03/08 at 10:30 AM EST)
Trade Balance (03/10 at 8:30 AM EST)
Initial Claims (03/10 at 8:30 AM EST)
Retail Sales (03/11 at 8:30 AM EST)
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