Research >> Economics
Wholesale Inventories up 0.6% in May
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May 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 $509.0 billion, up 2.5 percent (±0.4 percent) from the revised April level and were up 11.8 percent (±3.3 percent) from the May 2017 level. The March 2018 to April 2018 percent change was revised from the preliminary estimate of up 0.8 percent (±0.4 percent) to up 1.4 percent (±0.4 percent).
Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations but not for price changes, were $633.5 billion at the end of May, up 0.6 percent (±0.2 percent) from the revised April level. Total inventories were up 5.9 percent (±3.7 percent) from the revised May 2017 level. The April 2018 to May 2018 percent change was revised from the advance estimate of up 0.5 percent (±0.2 percent) to up 0.6 percent (±0.2 percent).
The May Inventories/Sales Ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.24. The May 2017 ratio was 1.31.
Posted: July 11, 2018 Wednesday 10:00 AM