Open Demo Account
Home / Market Update / US Wholesale Inventories Decline in September

US Wholesale Inventories Decline in September

M. Ali 28 October, 2020 6:09 pm Market Update

Wholesale inventories in the United States declined last month on a monthly basis by 0.1%, preliminary data by the US Census Bureau showed on Wednesday.

On an annual basis, wholesale inventories decreased by 4.5% during September, reaching a seasonally adjusted $634.8 billion.

As for retail inventories, a 1.6% monthly rise saw it reach $607.0 billion, down by 9.1% year-on-year.

Tags

Check Also

U.S. Inflation Cools Faster Than Expected in January, Strengthening Case for Fed Easing Later in Year

U.S. consumer price growth slowed more than expected in January, moving closer to the Federal …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends