Ekonomické zprávy

U.S. wholesale inventories slip 0.1 per cent in January

The Commerce Department announced on Wednesday its advance estimate revealed that the U.S. wholesale inventories edged down 0.1 per cent m-o-m in January 2024, following an unrevised 0.4 per cent m-o-m gain in December 2023.

Economists had predicted a 0.1 per cent m-o-m uptick. 

According to the report, the January drop reflected a 0.9 per cent m-o-m decline in nondurable goods inventories, which was partly offset by a 0.4 per cent m-o-m increase in durable goods inventories.

In y-o-y terms, wholesale inventories dropped 2.3 per cent in January, as a plunge in nondurable goods (-8.5 per cent) more than offset a rise in durable goods (+1.7 per cent) inventories.

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