US: Wholesale inventories for October were estimated at $605.7 billion

"Wholesale inventories for October, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $605.7 billion, down 0.4 percent from September 2017, and were up 4.0 percent (±0.5 percent) from October 2016," the U.S. Census Bureau reported today.

Key highlights

The August 2017 to September 2017 percentage change was revised from up 0.3 percent to up 0.1 percent.

Retail inventories for October, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $618.0 billion, down 0.1 percent from September 2017, and were up 2.6 percent from October 2016.

The August 2017 to September 2017 percentage change was unrevised at down 0.9 percent.