HimInvenotries
  • Prior month 0.2%
  • Wholesale inventories 0.2% versus 0.2% estimate
  • Total inventories were up 0.9 percent from the revised October 2023 level YoY.
  • Wholesale sales -0.1% versus 0.5% last month (revised from 0.3%).
  • Wholesale sales were up 0.9% from October 2023 YoY.
  • The October inventories/sales 1.34. The October 2023 ratio was the same at 1.34.

Looking at the inventory to sales ratio above says "steady as she goes" which is a good place to be.