U.S. Nov wholesale inventories rose 0.5 pct

Biz.Yahoo/Reuters ^ | January 8, 2004

[Starwind]

U.S. Nov wholesale inventories rose 0.5 pct
Thursday January 8, 10:00 am ET

 WASHINGTON, Jan 8 (Reuters) - U.S. Commerce Department  
report of wholesale inventories and sales, seasonally adjusted.
(Percent Changes)         Nov    Oct  (Prev)  Nov03/02
Inventories Total         0.5    0.5    0.5      2.2
  Durable Goods           0.3    0.5    0.4      0.5
Automotive               -0.5    2.5    2.7     -1.0
Prof'l equip              0.5   -0.1   -0.1      3.9
Computer equip.          unch    1.4    1.1      1.0
Machinery                 0.4   -0.2   -0.4     -1.9
  Nondurable Goods        0.8    0.6    0.8      4.9
Petroleum                 1.4   -0.4   -0.9     14.7
.                         Nov    Oct  (Prev)  Nov03/02
Sales Total               0.3    2.0    2.0      5.5
  Durable Goods           0.6    1.6    1.8      6.0
Automotive                2.0    1.1    0.5      3.6
Prof'l equip              1.0    1.1    1.0      0.2
Computer equip.           0.9    2.7    2.4      0.3
Machinery                -1.4   -0.5   -0.1      6.7
  Nondurable Goods       unch    2.3    2.2      5.0
Petroleum                 1.7    2.1    1.4     10.0
(Billions of dlrs)       Nov      Oct    (Prev)   Nov'02
Inventories Total      292.74   291.22   291.20   286.32
  Durable Goods        174.19   173.58   173.44   173.29
Automotive              25.09    25.23    25.25    25.35
  Nondurables          118.56   117.64   117.77   113.03
(Billions of dlrs)       Nov      Oct    (Prev)   Nov'02
Sales Total            247.45   246.73   246.84   234.62
  Durable Goods        118.22   117.54   117.70   111.57
Automotive              18.74    18.37    18.25    18.08
  Nondurables          129.23   129.19   129.14   123.05
Stock-to_sales ratio     Nov      Oct    (Prev)   Nov'02
.                       1.18     1.18     1.18     1.22
 FORECAST:
 Reuters survey of U.S. economists forecast:
 U.S. Nov wholesale inventories +0.3 pct
 HISTORICAL COMPARISONS/NOTES:
 US NOV STOCK/SALES RATIO 1.18 MONTHS' WORTH, UNCHANGED FROM
OCTOBER'S RECORD LOW
 The stock-to-sales ratio is a measure of how long it would
take to deplete inventories at the current sales pace.

[Starwind]

The full Commerce Dept report is at MONTHLY WHOLESALE TRADE: SALES AND INVENTORIES - NOVEMBER 2003

[Starwind]

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