Research >> Economics
Wholesale Inventories up 0.2% in February
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February 2019 sales of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations and trading day differences but not for price changes, were $495.9 billion, up 0.3 percent (±0.4 percent)* from the revised January level and were up 2.1 percent (±0.9 percent) from the February 2018 level. The December 2018 to January 2019 percent change was revised from the Monthly Wholesale Annual Revision Report estimate of up 0.4 percent (±0.7 percent)* to up 0.5 percent (±0.9 percent)*.
Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations but not for price changes, were $668.9 billion at the end of February, up 0.2 percent (±0.2 percent)* from the revised January level. Total inventories were up 6.9 percent (±1.4 percent) from the revised February 2018 level.
The February Inventories/Sales Ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.35. The February 2018 ratio was 1.29.
Posted: April 17, 2019 Wednesday 10:00 AM