Posted on 10/08/2003 7:13:36 AM PDT by Starwind
U.S. Aug wholesale inventories fell 0.2 pct
Wednesday October 8, 9:57 am ET
WASHINGTON, Oct 8 (Reuters) - U.S. Commerce Department report of wholesale inventories and sales, seasonally adjusted. (Percent Changes) Aug July (Prev) Aug03/02 Inventories Total -0.2 unch unch 0.7 Durable Goods -0.5 -0.6 -0.5 -0.6 Automotive -1.7 -2.4 -2.1 4.2 Prof'l equip 0.6 0.7 1.0 -0.3 Computer equip. -0.9 -1.6 0.2 -8.7 Machinery -0.5 -0.6 -0.5 -3.7 Nondurable Goods 0.3 1.0 0.8 2.7 Petroleum 4.5 -0.3 -0.9 7.7 . Aug July (Prev) Aug03/02 Sales Total 0.4 0.5 0.4 3.3 Durable Goods -0.7 0.2 0.4 unch Automotive -0.9 -1.0 -1.0 -3.0 Prof'l equip -2.6 -0.1 0.5 -3.7 Computer equip. -4.9 -1.1 unch -12.7 Machinery 1.6 2.0 1.5 8.2 Nondurable Goods 1.5 0.8 0.5 6.4 Petroleum 5.0 2.9 1.8 19.8 (Billions of dlrs) Aug July (Prev) Aug'02 Inventories Total 288.59 289.06 289.04 286.69 Durable Goods 172.08 172.94 173.09 173.20 Automotive 24.72 25.13 25.21 23.72 Nondurables 116.51 116.12 115.95 113.48 (Billions of dlrs) Aug July (Prev) Aug'02 Sales Total 239.94 238.92 238.73 232.37 Durable Goods 112.71 113.52 113.71 112.75 Automotive 17.93 18.09 18.11 18.48 Nondurables 127.23 125.40 125.02 119.63 Stock-to-sales ratio Aug July (Prev) Aug'02 . 1.20 1.21 1.21 1.23 FORECAST: Reuters survey of U.S. economists forecast: U.S. Aug wholesale inventories +0.1 pct HISTORICAL: U.S. Aug 1.20 stock/sales ratio lowest on record.
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