Wholesale Sales & Inventory Growth Slow In December

Despite headline month-over-month data beating expectations, year-over-year growth in Wholesale Sales and Wholesale Inventories slowed notably.

Wholesale Inventories rose 0.4% MoM in December, better than the expected 0.2% growth and preliminary print but below November's 0.6% growth.

Wholesale Sales rose 1.2% MoM in December, better than the expected 0.4% growth and preliminary print but well below November's  upwardly revised 1.9% growth.

However, on a YoY basis, things were notably weaker.

This is the 3rd monthly decline in annual inventory growth and the biggest slowdown in annual wholesale sales since June.

Comments

Blankfuck Fri, 02/09/2018 - 10:28 Permalink

EVERY FUCKING THING OUT THERE IS FAKE ECONOMY NEWS! CNBC SOOTHSAYERS ARE OUT IN FULL FORCE TRYING AND PROTECTING THEIR FORTUNES IN DECLINE! STOCK MARKETS DONT QUADRUPLE IN LESS THAN 10 FUCKING YEARS WITHOUT FEDERAL RESERVE FUCKER INTERVENTION LIKE THEY DID. THESE FUCKERS WILL NOW GO TO HELL PISSING PEOPLE OFF WITH THEIR ASSET DECLINE