Research >> Economics
Wholesale Inventories up 0.1% in June
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June 2018 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 $506.7 billion, down 0.1 percent (±0.4 percent)* from the revised May level, but were up 10.2 percent (±3.3 percent) from the June 2017 level. The April 2018 to May 2018 percent change was revised from the preliminary estimate of up 2.5 percent (±0.4 percent) to up 2.1 percent (±0.5 percent).
Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations but not for price changes, were $632.4 billion at the end of June, up 0.1 percent (±0.2 percent)* from the revised May level. Total inventories were up 5.1 percent (±3.9 percent) from the revised June 2017 level. The May 2018 to June 2018 percent change was revised from the advance estimate of virtually unchanged (±0.2 percent)* to up 0.1 percent (±0.2 percent)*.
The June Inventories/Sales Ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.25. The June 2017 ratio was 1.31.
Posted: August 9, 2018 Thursday 10:00 AM