US business inventories for January 0.3% vs 0.3% estimate
- Prior month -0.2%
- Business inventories 0.3% vs 0.3% estimate
- Retail inventories ex auto prior month -0.1%
- Retail inventories for January 0.5%
- Sales: $1,896.5B in January (-0.8% MoM, +3.5% YoY).
- Inventories/Sales Ratio: 1.37 (vs. 1.38 in January 2024).
The YoY business inventories rose 5.0% and 3.2% ex auto.
This article was written by Greg Michalowski at www.forexlive.com.
