Research >> Economics
Wholesale Inventories up 0.7% in June
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June 2017 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 $465.8 billion, up 0.7 percent (±0.5 percent) from the revised May level and were up 5.5 percent (±0.9 percent) from the June 2016 level. The April 2017 to May 2017 percent change was revised from the preliminary estimate of down 0.5 percent (±0.7 percent)* to down 0.1 percent (±0.7 percent)*.
Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations but not for price changes, were $599.4 billion at the end of June, up 0.7 percent (±0.4 percent) from the revised May level. Total inventories were up 2.8 percent (±0.5 percent) from the revised June 2016 level. The May 2017 to June 2017 percent change was revised from the advance estimate of up 0.6 percent (±0.4 percent) to up 0.7 percent (±0.4 percent).
The June Inventories/Sales Ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.29. The June 2016 ratio was 1.32.
Posted: August 9, 2017 Wednesday 10:00 AM