2017 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

Wholesale Trade  
Released On 12/8/2017 10:00:00 AM For Oct, 2017
PriorPrior RevisedConsensusConsensus RangeActual
Inventories - M/M change0.3 %0.1 %-0.1 %-0.4 % to 0.4 %-0.5 %

Inventories are getting off to a slow start in the fourth quarter as those at the wholesale level fell a sizable 0.5 percent in October. The draw reflects strong demand for autos where inventories fell 0.7 percent for a second straight month. Today's wholesale draw looks to outmatch a preliminary 0.1 percent build in factory inventories and a previously released 0.1 percent draw in retail inventories. Declining inventories are a negative for GDP but are in fact very welcome during a time of solid expansion, pointing to the need for restocking and gains for future production and employment.

Consensus Outlook
Wholesale trade inventories are expected to fall 0.1 percent following a decline in October's advance reading. Wholesale inventories had been climbing sharply in prior months.

Wholesale trade measures the dollar value of sales made and inventories held by merchant wholesalers. It is a component of business sales and inventories.  Why Investors Care

2017 Release Schedule
Released On: 1/102/93/84/75/96/97/118/99/810/611/912/8
Release For: NovDecJanFebMarAprMayJunJulAugSepOct

powered by  [Econoday]