US wholesale records 0.2% vs 0.2% estimate.

0.2% on the previous month
Wholesale records 0.2% compared to 0.2% estimate
Total deposits increased by 0.9 percent from the revised October 2023 YoY level.
Wholesale sales -0.1% compared to 0.5% last month (revised from 0.3%).
Wholesale sales were up 0.9% from October 2023 YoY.
Records/sales October 1.34. The highest value of the TIPS sector was 1.34 at October 2023.

Looking at the inventory to sales ratio above says “steady as it goes” which is a good place to be.

This article was written by Greg Michalowski at www.forexlive.com.