Latest data released by the Census Bureau - 28 March 2018
- Prior m/m +0.8%; revised to +1.0%
- Retail inventories m/m +0.4% vs +0.7% prior
The data measures the change in the value of the goods held in inventory by wholesalers and retailers. A proxy for future business expenditure, but a minor data point given all else that is going on.
Larger inventories stored over the month, not a positive thing as that means sales are not doing as good and business spending will be delayed. But as mentioned, a relatively minor data point - not one to have an impact.
Full report can be found here.
