Research >> Economics
Wholesale Inventories up 1.0% in February
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February 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 $495.9 billion, up 1.0 percent (±0.5 percent) from the revised January level and were up 6.8 percent (±0.7 percent) from the February 2017 level. The December 2017 to January 2018 percent change was revised from the preliminary estimate of down 1.1 percent (±0.7 percent) to down 1.5 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 $625.6 billion at the end of February, up 1.0 percent (±0.2 percent) from the revised January level. Total inventories were up 5.5 percent (±0.9 percent) from the revised February 2017 level. The January 2018 to February 2018 percent change was revised from the advance estimate of up 1.1 percent (±0.2 percent) to up 1.0 percent (±0.2 percent).
The February Inventories/sales ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.26. The February 2017 ratio was 1.28.
Posted: April 10, 2018 Tuesday 10:00 AM