FOREX TradingCharts.com

Financial News: U.S. Wholesale Inventories Jump More Than Expected In

U.S. Wholesale Inventories Jump More Than Expected In September

11/10/2021 - 10:21:00 (RTTNews)

(RTTNews) - A report released by the Commerce Department on Wednesday showed wholesale inventories in the U.S. jumped by more than expected in the month of September.

The Commerce Department said wholesale inventories surged up by 1.4 percent in September after leaping by 1.3 percent in August. Economists had expected inventories to jump by 1.0 percent.

The bigger than expected increase in wholesale inventories came as inventories of durable goods and non-durable goods shot up by 1.3 percent and 1.6 percent, respectively.

The report also showed a notable rebound in wholesale sales, which jumped by 1.1 percent in September after slumping by 0.9 percent in August.

Sales of non-durable goods spiked by 2.2 percent during the month, more than offsetting a 0.2 percent dip in sales of durable goods.

With inventories and sales both showing significant increases, the inventories/sales ratio for merchant wholesalers was unchanged from the previous month at 1.23.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


France Consumer Confidence Stable In November (08 hr(s), 46 min(s), 34 sec(s) ago)
(RTTNews) - France's consumer confidence remained unchanged in November, preliminary data from ...Full Story»

Austria Manufacturing Growth Slows In November (09 hr(s), 06 min(s), 34 sec(s) ago)
(RTTNews) - Austria's manufacturing sector growth weakened for the fourth time in five months ...Full Story»

Italy Consumer Confidence Weakens In November (09 hr(s), 41 min(s), 34 sec(s) ago)
(RTTNews) - Italy's consumer confidence weakened in November, survey results from the statisti ...Full Story»

Swiss GDP Grows More Than Expected (10 hr(s), 12 min(s), 34 sec(s) ago)
(RTTNews) - Switzerland's economic growth slowed slightly in the third quarter, but the expans ...Full Story»

Sweden Retail Sales Increase In October (10 hr(s), 27 min(s), 34 sec(s) ago)
(RTTNews) - Sweden's retail sales increased in October, figures from Statistics Sweden showed ...Full Story»

Sweden Economic Confidence Weakens In November (10 hr(s), 39 min(s), 34 sec(s) ago)
(RTTNews) - Sweden's economic confidence weakened in November, data from the National Institut ...Full Story»

Lithuania Retail Sales Growth Eases In October (11 hr(s), 39 min(s), 34 sec(s) ago)
(RTTNews) - Lithuania's retail sales increased at a softer pace in October, figures from the s ...Full Story»

Germany Import Price Inflation Strongest Since 1980 (11 hr(s), 58 min(s), 34 sec(s) ago)
(RTTNews) - Germany's import price inflation accelerated to the highest since early 1980 due t ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

France Consumer Confidence Stable In November

11/26/2021 - 07:02 AM (RTTNews)
(RTTNews) - France's consumer confidence remained unchanged in November, preliminary data from ...Full Story>>

Austria Manufacturing Growth Slows In November

11/26/2021 - 06:42 AM (RTTNews)
(RTTNews) - Austria's manufacturing sector growth weakened for the fourth time in five months ...Full Story>>

Italy Consumer Confidence Weakens In November

11/26/2021 - 06:07 AM (RTTNews)
(RTTNews) - Italy's consumer confidence weakened in November, survey results from the statisti ...Full Story>>

Swiss GDP Grows More Than Expected

11/26/2021 - 05:36 AM (RTTNews)
(RTTNews) - Switzerland's economic growth slowed slightly in the third quarter, but the expans ...Full Story>>

Sweden Retail Sales Increase In October

11/26/2021 - 05:21 AM (RTTNews)
(RTTNews) - Sweden's retail sales increased in October, figures from Statistics Sweden showed ...Full Story>>

Do not sell my personal information

Copyright © 2021. 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.