October 2015 US business inventories data report 11 December 2015

  • Prior +0.3%
  • Sales -0.2% vs unch prior
  • Inventory/sales ratio 1.38 vs 1.37 prior

Retailers where the only mob to increase inventories by 0.1%. Sales were flat in that sector and wholesale and down elsewhere. If anything given the time of year, I would have expected to see a bigger gain on the retail front in both, ahead of the Nov holiday shopping events

As we saw with retail sales, that didn't have a big impact

US Business inventories