Minor dip in advance economic indicators
Wholesale inventories for November, adjusted for seasonal variations and trading day differences, but not for price changes, were estimated at an end-of-month level of $895.7 billion, down 0.2% (±0.2%)* from October 2023, and were down 3.1% (±1.1%) from November 2022, according to the U.S. Census Bureau.
The September 2023 to October 2023 percentage change was revised from down 0.4% (±0.4%)* to down 0.3% (±0.4%).
Advance International Trade in Goods
The international trade deficit was $90.3 billion in November, up $0.7 billion from $89.6 billion in October. Exports of goods for November were $165.1 billion, $6.2 billion less than October exports. Imports of goods for November were $255.4 billion, $5.5 billion less than October imports.
Advance Retail Inventories
Retail inventories for November, adjusted for seasonal variations and trading day differences, but not for price changes, were estimated at an end-of-month level of $794.9 billion, down 0.1% (±0.2%)* from October 2023, and were up 5.1% (±0.7 percent) from November 2022. The September 2023 to October 2023 percentage change was unrevised from the preliminary estimate of down 0.1% (±0.4%).
INDUSTRIAL SUPPLY MAGAZINE
The November/December issue of Industrial Supply magazine features an in-depth cover story about Kimball Midwest. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and Mike Marks, as well as interviews with numerous product and distribution industry experts.
