Retail Inventories +0.7% M/M in November, Wholesale inventories -0.1%

 Advance Wholesale Inventories 

Wholesale inventories for November, adjusted for seasonal variations but not for price changes, were estimated at an end-of -month level of $649.0 billion, down 0.1 percent (±0.2 percent)* from October 2020, and were down 2.2 percent (±1.1 percent) from November 2019. The September 2020 to October 2020 percentage change was revised from up 1.1 percent (±0.4 percent) to up 1.2 percent (±0.4 percent). 

Advance Retail Inventories 

Retail inventories for November, adjusted for seasonal variations but not for price changes, were estimated at an end-of -month level of $616.9 billion, up 0.7 percent (±0.4 percent) from October 2020, and were down 7.1 percent (±0.7 percent) from November 2019. The September 2020 to October 2020 percentage change was unrevised from the preliminary estimate of up 0.9 percent (±0.2 percent).