Research >> Economics
Wholesale Inventories up 2.3% in March 2022
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March 2022 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 $686.2 billion, up 1.7 percent (±0.5 percent) from the revised February level and were up 22.1 percent (±1.1 percent) from the revised March 2021 level. The January 2022 to February 2022 percent change was revised from the preliminary estimate of up 1.7 percent (±0.4 percent) to up 1.5 percent (±0.4 percent).
Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations and trading day differences, but not for price changes, were $840.3 billion at the end of March, up 2.3 percent (±0.2 percent) from the revised February level. Total inventories were up 22.0 percent (±1.4 percent) from the revised March 2021 level. The February 2022 to March 2022 percent change was unrevised from the advance estimate of up 2.3 percent (±0.2 percent).
The March Inventories/Sales Ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.22. The March 2021 ratio was 1.23.
Posted: May 9, 2022 Monday 10:00 AM