Data is released early
- the US business inventories for December came in at 0.6% versus 0.6% estimate. The data seem to have been released a bit early.
- The prior month came in at -0.1%.
- business sales -1.0% versus November -0.6%
- December inventory/sales ratio 1.38 months versus November 1.36 months
- inventories ex-autos and revise that +1.0%