The US Commerce Department said Tuesday, that wholesale inventories rose 0.6% in October. Inventories of durable goods increased 1.0% in October. In September, inventories grew 1.1%.
At the same time wholesale sales fell 1.2% in October vs revised 1.9% in September. At October's sales pace, the inventory-to-sales ratio increased to 1.22 from 1.19 in the September.