Research >> Economics
Wholesale Inventories up 0.4% in March
|
March 2017 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 $465.5 billion, virtually unchanged (±0.4 percent) from the revised February level, but were up 9.1 percent (±1.1 percent) from the March 2016 level. The January 2017 to February 2017 percent change was revised from the preliminary estimate of up 0.6 percent (±0.4 percent) to up 0.7 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 $594.6 billion at the end of March, up 0.2 percent (±0.4 percent) from the revised February level. Total inventories are up 3.0 percent (±0.9 percent) from the revised March 2016 level. The February 2017 to March 2017 percent change was revised from the advance estimate of down 0.1 percent (±0.4 percent) to up 0.2 percent (± 0.4 percent).
The March Inventories/Sales Ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.28. The March 2016 ratio was 1.35.
Posted: May 9, 2017 Tuesday 10:00 AM