Business inventories rose by less than sales in November in the United States, indicating a slowdown in the pace of restocking that could weigh on economic activity.

Inventories rose by 0.1% to $2,588.2 billion, after remaining stable in October, according to figures released Thursday by the Commerce Department.

Given that inventories at car dealerships fell by 0.3%, the non-automotive statistic - which is used to calculate gross domestic product - showed an increase of 0.5%.

At the current rate of sales, it will take US companies 1.37 months to clear their inventories, a figure identical to those for October 2024 and November 2023.

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