US enterprise inventories for January 0.3% vs 0.3% estimate

Prior month -0.2percentBusiness inventories 0.3% vs 0.3% estimateRetail inventories ex auto prior month -0.1% Retail inventories for January 0.5percentSales: $1,896.5B in January (-0.8% MoM, +3.5% YoY).Inventories/Gross sales Ratio: 1.37 (vs. 1.38 in January 2024).

The YoY enterprise inventories rose 5.0% and three.2% ex auto.

This text was written by Greg Michalowski at www.forexlive.com.



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