Wholesale Inventories Down 0.4%, Retail Down 0.1% -

Wholesale Inventories Down 0.4%, Retail Down 0.1%

Wholesale and retail inventories both declined in October according to the Census Bureau Advance Indicators report.

Census Bureau Advance Inventory Numbers

Chart excerpted from the Census Bureau Advance Indicators report.

The inventory numbers are likely to reduce fourth-quarter GDP estimates slightly.

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