Source: Census Bureau
US merchant wholesalers held $771.1 billion worth of inventories at the end of November, an increase of 1.4% from October. The increase was lower than the 2.5% posted in October. SPY is down -1.74%, DXY is up +0.41%.
- Compared to November 2020, the total inventories were up 15.9%. The inventories were up 1.4% in the October to November period.
- In the same month of November, the wholesale inventory sales totaled $630.8 billion, an increase of 1.3% from the previous month. The sales were up 23.3% from the prior year.
- The inventories to sales ratio was 1.22 in November, compared to 1.30 in the prior year.
