Advance Wholesale Inventories
Advance Wholesale Inventories
About This Event
Advance the amount of wholesale inventories for November will be released.
Previous: -0.4%
Forecast:
Wholesale inventories is a measure of the change in the total value of goods held in inventory by wholesalers. Lower than expected inventories is bullish, while higher than expected inventories is bearish.
US wholesale inventories fell by 0.4% month-over-month in October 2023, compared to a preliminary estimate of a 0.2% decrease and following a revised flat reading in the prior month. Nondurable goods saw a 1% decrease, after a 0.3% fall in the prior month, mainly due to a marked decline in stocks of petroleum (-6.8%). Meanwhile, durable goods inventories went up by 0.1%, following a 0.2% rise in the previous month, as mild increases in stocks of electrical (+0.9%) and machinery (+0.4%) were outweighed by decreases in those of hardware (-0.7%), computer equipment (-0.6%) and furniture (-0.5%). Yearly, wholesale inventories declined by 2.3% in October, compared to an earlier estimate indicating a 2% slump. source: U.S. Census Bureau
Why This Event Matters
Economic releases such as Advance Wholesale Inventories are widely followed because they can shape expectations for growth, inflation, and monetary policy. Traders and investors often use these data points when assessing interest-rate outlooks, Treasury yields, and sector rotation themes. The scheduled timing is December 28, 2023 (America/New_York), subject to source updates.
Source summary: Advance the amount of wholesale inventories for November will be released.
Previous: -0.4% Forecast:
Wholesale inventories is a measure of the change in the total value of goods held in inventory by wholesalers. Lower than expected inventories is bullish, while higher than expected inventories is bearish.
US wholesale inventories fell by 0.4% month-over-month in October 2023, compared to a...
This listing is associated with SPY. Market participants may watch these names around the event window for volatility or news flow.
Frequently Asked Questions
- What is Advance Wholesale Inventories?
- It is a stock market catalyst entry on Catacal—an event or release investors and traders may monitor. Details are summarized from the cited source and may be updated over time.
- When is Advance Wholesale Inventories?
- The calendar shows Dec 28, 2023 (America/New_York). Verify the exact time and any changes using the source link when planning around the event.
- Why does Advance Wholesale Inventories matter for investors?
- Macro releases can influence rate expectations, yields, and sector leadership. Market participants often reassess positioning after the data.
- Which stocks or sectors could be affected?
- Symbols linked to this listing include SPY; other names in the same industry group may also move with related news.
- How is this event categorized?
- Catacal groups this entry under "Economic Data" for navigation. Categories help you find comparable catalysts and build a week-by-week watchlist.
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