Research >> Economics
Wholesale Inventories up 0.5% in September
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The U.S. Census Bureau announced today that September 2015 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 $448.0 billion, up 0.5 percent (+/-0.7%)* from the revised August level, but were down 3.9 percent (+/-1.2%) from the September 2014 level. The August preliminary estimate was revised upward $0.5 billion or 0.1 percent. September sales of durable goods were up 0.7 percent (+/-1.1%)* from last month, but were down 0.8 percent (+/-1.8%)* from a year ago. Sales of computer and computer peripheral equipment and software were up 3.8 percent from last month and sales of electrical and electronic goods were up 2.8 percent. Sales of nondurable goods were up 0.3 percent (+/-0.9%)* from August, but were down 6.7 percent (+/-1.6%) from last September. Sales of drugs and druggists' sundries were up 1.7 percent from last month, while sales of petroleum and petroleum products were down 4.6 percent.
Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations but not for price changes, were $588.1 billion at the end of September, up 0.5 percent (+/-0.4%) from the revised August level and were up 4.7 percent (+/-1.6%) from the September 2014 level. The August preliminary estimate was revised upward $1.3 billion or 0.2 percent. September inventories of durable goods were down 0.4 percent (+/-0.4%)* from last month, but were up 2.8 percent (+/-1.9%) from a year ago. Inventories of metals and minerals, except petroleum were down 2.2 percent from last month. Inventories of nondurable goods were up 1.9 percent (+/-0.5%) from August and were up 7.7 percent (+/-2.3%) from last September.
Inventories of farm product raw materials were up 6.7 percent from last month and inventories of drugs and druggists' sundries were up 4.4 percent.
Posted: November 10, 2015 Tuesday 10:00 AM