Research >> Economics
Wholesale Inventories up 0.6% in September 2022
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September 2022 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 $699.9 billion, up 0.4 percent (±0.4 percent)* from the revised August level and were up 14.4 percent (±0.5 percent) from the revised September 2021 level. The July 2022 to August 2022 percent change was revised from the preliminary estimate of up 0.1 percent (±0.4 percent)* to virtually unchanged (±0.4 percent)*.
Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations and trading day differences, but not for price changes, were $918.5 billion at the end of September, up 0.6 percent (±0.4 percent) from the revised August level. Total inventories were up 24.1 percent (±0.9 percent) from the revised September 2021 level. The August 2022 to September 2022 percent change was revised from the advance estimate of up 0.8 percent (±0.4 percent) to up 0.6 percent (±0.4 percent).
The September Inventories/Sales Ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.31. The September 2021 ratio was 1.21.
Posted: November 9, 2022 Wednesday 10:00 AM