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U.S. wholesale inventories in October rose 0.3 percent monthly rate, for the first time in August last year 12/10/2009
U.S. wholesale inventories unexpectedly rose in October, breaking the 13 consecutive months of decline in the situation, indicating that production will increase.U.S. Department of Commerce Wednesday cloth, October wholesale inventories rose 0.3% monthly rate. October wholesale inventories in the case of strong demand for modest increases, indicating wholesalers optimistic about the economic recovery. This is the U.S. wholesale inventories since the first time since August 2008 increase was a rise of 0.7%. Previously, economists surveyed expect the rate in October wholesale inventories fell 0.6%.
The data also showed seasonally adjusted in October the United States on the rate of wholesale sales rose 1.2% to 3,261.7 billion dollars, for the seventh consecutive increase.
In addition, in October wholesale inventories / sales ratio fell to 1.16,9 compared with 1.17,2008 year in October to 1.22.
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