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Total inventories ex. retail auto +0.3% based on MNI calc. Business sales +1.2% in Nov, putting the inv/sales ratio at 1.25 vs 1.27 in Oct and 1.27 a year ago. NSA sales +10.6% yr/yr, and inv +6.9% yr/yr. Factory inventories were already reported +0.8% for the month while wholesale inventories -0.2%.
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