Research >> Economics
Wholesale Inventories up 0.4% in May
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May 2019 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 $503.4 billion, up 0.1 percent (±0.4 percent)* from the revised April level and were up 0.4 percent (±0.9 percent)* from the May 2018 level. The March 2019 to April 2019 percent change was unrevised from the preliminary estimate of down 0.4 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 $678.1 billion at the end of May, up 0.4 percent (±0.2 percent) from the revised April level. Total inventories were up 7.7 percent (±1.1 percent) from the revised May 2018 level. The April 2019 to May 2019 percent change was unrevised from the advance estimate of up 0.4 percent (±0.2 percent).
The May Inventories/Sales Ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.35. The May 2018 ratio was 1.26.
Posted: July 10, 2019 Wednesday 10:00 AM