Research >> Economics
Wholesale Inventories up 0.6% in July
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July 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 $505.6 billion, virtually unchanged (±0.2 percent)* from the revised June level, but were up 9.8 percent (±3.5 percent) from the July 2017 level. The May 2018 to June 2018 percent change was revised from the preliminary estimate of down 0.1 percent (±0.4 percent)* to down 0.2 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 $636.3 billion at the end of July, up 0.6 percent (±0.2 percent) from the revised June level. Total inventories were up 5.0 percent (±3.9 percent) from the revised July 2017 level. The June 2018 to July 2018 percent change was revised from the advance estimate of up 0.7 percent (±0.2 percent) to up 0.6 percent (±0.2 percent).
The July Inventories/Sales Ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.26. The July 2017 ratio was 1.32.
Posted: September 11, 2018 Tuesday 10:00 AM