Research >> Economics
Wholesale Inventories up 0.1% in April
|
April 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 $493.3 billion, up 0.8 percent (±0.4 percent) from the revised March level and were up 7.8 percent (±3.3 percent) from the April 2017 level. The February 2018 to March 2018 percent change was unrevised from the Monthly Wholesale Annual Revision Report and is up 0.4 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 $630.2 billion at the end of April, up 0.1 percent (±0.2 percent)* from the revised March level. Total inventories were up 5.8 percent (±3.9 percent) from the revised April 2017 level. The March 2018 to April 2018 percent change was revised from the advance estimate of virtually unchanged (±0.2 percent)* to up 0.1 percent (±0.2 percent)*.
The April Inventories/Sales Ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.28. The April 2017 ratio was 1.30.
Posted: June 8, 2018 Friday 10:00 AM