FOREX TradingCharts.com

Financial News: U.S. Wholesale Inventories Dip Slightly More Than Expected

U.S. Wholesale Inventories Dip Slightly More Than Expected In September

11/07/2024 - 10:18:00 (RTTNews)

(RTTNews) - The Commerce Department released a report on Thursday showing wholesale inventories in the U.S. fell by slightly more than expected in the month of September.

The report said wholesale inventories slipped by 0.2 percent in September after rising by 0.2 percent in August. Economists had expected wholesale inventories to edge down by 0.1 percent.

The modest decrease by wholesale inventories came as inventories of durable goods fell by 0.5 percent, more than offsetting a 0.3 percent increase by inventories of non-durable goods.

Meanwhile, the report said wholesale sales climbed by 0.3 percent in September after inching up by 0.2 percent in August.

Sales of durable goods increased by 0.4 percent during the month, while sales of non-durable goods rose by 0.2 percent.

With inventories dipping and sales rising, the inventories/sales ratio for merchant wholesalers edged down to 1.34 in September from 1.35 in August.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2024 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Lithuania Industrial Production Grows 4.1% (25 min(s), 47 sec(s) ago)
(RTTNews) - Lithuania's industrial output expanded in November, driven by strong growth in the ...Full Story»

Irish Consumer Confidence Weakens Marginally (52 min(s), 47 sec(s) ago)
(RTTNews) - Irish consumer confidence dropped slightly at the end of the year as households were w ...Full Story»

Irish Wholesale Prices Rise 2.1% In November (01 hr(s), 29 min(s), 47 sec(s) ago)
(RTTNews) - Ireland's wholesale prices increased for the first time in four months in November ...Full Story»

Poland Unemployment Rate Rises To 5.0% (01 hr(s), 44 min(s), 47 sec(s) ago)
(RTTNews) - The unemployment rate in Poland increased for the first time in four months in Novembe ...Full Story»

Italy Non-EU Trade Surplus Shrinks In November (02 hr(s), 28 min(s), 47 sec(s) ago)
(RTTNews) - Italy's non-EU trade surplus declined in November from a year ago, as imports grew ...Full Story»

Spain Economy Logs Steady Growth As Estimated In Q3 (03 hr(s), 47 min(s), 47 sec(s) ago)
(RTTNews) - The Spanish economy expanded at a steady pace in the third quarter on domestic demand, ...Full Story»

Czech Economic Confidence Falls To 97.5 (04 hr(s), 19 min(s), 47 sec(s) ago)
(RTTNews) - The Czech economic confidence weakened slightly after rising in the previous month, su ...Full Story»

UK Economy Flatlines In Q3 (05 hr(s), 06 min(s), 47 sec(s) ago)
(RTTNews) - The UK economy stalled in the third quarter as the services sector posted nil growth a ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Lithuania Industrial Production Grows 4.1%

12/23/2024 - 07:57 AM (RTTNews)
(RTTNews) - Lithuania's industrial output expanded in November, driven by strong growth in the ...Full Story>>

Irish Consumer Confidence Weakens Marginally

12/23/2024 - 07:30 AM (RTTNews)
(RTTNews) - Irish consumer confidence dropped slightly at the end of the year as households were w ...Full Story>>

Irish Wholesale Prices Rise 2.1% In November

12/23/2024 - 06:53 AM (RTTNews)
(RTTNews) - Ireland's wholesale prices increased for the first time in four months in November ...Full Story>>

Poland Unemployment Rate Rises To 5.0%

12/23/2024 - 06:38 AM (RTTNews)
(RTTNews) - The unemployment rate in Poland increased for the first time in four months in Novembe ...Full Story>>

Italy Non-EU Trade Surplus Shrinks In November

12/23/2024 - 05:54 AM (RTTNews)
(RTTNews) - Italy's non-EU trade surplus declined in November from a year ago, as imports grew ...Full Story>>

Do not sell my personal information

Copyright © 2024. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.