Outlook for Today's Financial and Economic data: final monthly rate of Wholesale inventories in the United States in September

Published: Oct 28, 2019 00:05

Source: SMM

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SMM10, March 25: focus today on the final monthly rate of wholesale inventories in the United States in September

Important data:

The final monthly rate of wholesale inventories in the US in September (%) is a sign of future business spending. High wholesale inventories indicate a mountain of unsold goods, suggesting that retailers are facing lagging consumer demand and unwilling to buy goods. On the contrary, the decline in wholesale inventories indicates that retailers are buying more goods to meet strong or increasing demand. Because wholesale inventories reflect retailers' demand for manufacturers' goods, the report provides an early sign of the spending power of potential consumers.

Important financial data for today:

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