For what it is worth, the US business and retail inventories for the month of December was released:
Business inventories rose 0.1% versus 0.1% expected. Prior month was revised lower to 0.0% from 0.1%.Retail inventories rose 0.4% versus 0.2% last month.
Details:
Total sales (manufacturers’ shipments + distributive trade): $1,965.9B in December
+0.5% m/m vs November 2025
+3.2% y/y vs December 2024
Inventories-to-sales ratio: 1.36 in December
1.39 in December 2024 (ratio declined year over year)
It is early March, so the December data is old as the Census Department continues to catch up after the government shutdown..
This article was written by Greg Michalowski at investinglive.com.