Economic Reports 12/11/06
Oct Wholesale Inventories +0.8% vs prior +0.7% Full Report
Inside the number: 2nd straight inventory build & sales decline -0.5% vs prior -1.5%. Wholesale inventories +10% in the last year, while sales +5.9%. Inventory to sales ratio now at a 3 year high.
Inside the number: 2nd straight inventory build & sales decline -0.5% vs prior -1.5%. Wholesale inventories +10% in the last year, while sales +5.9%. Inventory to sales ratio now at a 3 year high.
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