US business inventories for November +0.1% versus 0.1% estimate

• Prior month 0.1%
• Business inventories for November 0.1% versus 0.1% estimate
• Sales: Combined distributive trade sales and manufacturers’ shipments for November were $1,893.1 billion, up 0.5% (±0.2%) from October 2024 and 2.5% (±0.4%) from November 2023.
• Inventories/Sales Ratio: The inventories/sales ratio for November was 1.37, unchanged from November 2023.

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