Recent History Of This Indicator:
Wholesale inventories, due to soft demand, have been on the decline. Inventories fell a sizable 0.3 percent in the last report for November but sales fell even more sharply, down 1.0 percent to drive the stock-to-sales ratio to 1.32 from 1.31. Further destocking is expected for December with the Econoday consensus at minus 0.1 percent.
Wholesale inventories, due to soft demand, have been on the decline. Inventories fell a sizable 0.3 percent in the last report for November but sales fell even more sharply, down 1.0 percent to drive the stock-to-sales ratio to 1.32 from 1.31. Further destocking is expected for December with the Econoday consensus at minus 0.1 percent.
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