US Sept business inventories +0.4% vs +0.4% expected

  • US September business inventories and retail inventories
  • Prior was +0.4%
  • Retail inventories ex-autos +0.4% vs +0.3%

Inventory building was a decent part of the jump in Q3 GDP. That will reverse in the coming quarters, but how much depends on how strong consumers are and how much businesses want to invest.

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