December 2016 US advance wholesale and retail inventories report 26 January 2017
Prior 1.0%
Retail inventories 0.2% vs 0.5% prior. Revised to 0.4% (This might be y/y or SA from Rtrs as BBG has different numbers m/m, 0.0% vs 1.0% prior. Revised to 0.8%)
So missing expectations quite bigly. The build in inventories could point to signs that demand is expected but if we don't see that demand appear, it will lead to a slow down further down the line.
US advance wholesale inventories
