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Wholesale Inventories (Preliminary)  
Released On 2/1/2019 10:00:00 AM For Nov, 2018
 PriorPrior RevisedConsensusConsensus RangeActual
Month over Month0.8 %0.9 %0.4 %0.2 % to 0.6 %0.3 %
US 6-Mo ChartGlobal Current
performance relative to consensus

Consensus Outlook
Wholesale inventories are expected to rise 0.4 percent in November. Growth in wholesale inventories is tracking at about the same pace as growth in wholesale sales. Note this report is likely to be delayed due to the government shutdown.

Relative Performance Index

Econoday's RPI provides a handy summary measure of how an economy has recently been evolving relative to market expectations.
A reading above zero means that the economy in general has been performing more strongly than expected and vice versa for a reading below zero. The closer is the value to the maximum (+100) or minimum (-100) levels, the greater is the degree to which markets have been under- or over-estimating economic activity. A zero outturn would imply that, on average, the market consensus has been correct. Note too that the index is sensitized to place extra weight upon those indicators that investors consider to be the most important.

 

Definition
Wholesale trade measures the dollar value of sales made and inventories held by merchant wholesalers. It is a component of business sales and inventories. Why Investors Care

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