Wholesale Inventories are expected today at 10:00 AM EST. Wholesale Inventories had increased by 0.8% in August to the $409.4 billion level and were up by 5.0% from a year ago. Wholesale Sales had increased by 0.5% in August to $352.4 billion and were up 12.4% over the year. Sales of durable goods increased 0.5% and sales of nondurable goods were also up 0.5% over the month. The Inventory/Sales ratio was at 1.16, lower than the 1.24 ratio in August of 2009.
Upcoming Releases
Wholesale Inventories (11/09 at 10:00 AM EST)
Initial Claims(11/10 at 8:30 AM EST)
Trade Balance (11/10 at 8:30 AM EST)
Crude Inventories (11/10 at 10:30 AM EST)
