Research >> Economics
Wholesale Inventories up 0.8% in January
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January 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 $492.6 billion, down 1.1 percent (±0.7 percent) from the revised December level, but were up 6.7 percent (±1.2 percent) from the January 2017 level. The November 2017 to December 2017 percent change was revised from the preliminary estimate of up 1.2 percent (±0.7 percent) to up 0.8 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 $619.1 billion at the end of January, up 0.8 percent (±0.4 percent) from the revised December level. Total inventories were up 4.8 percent (±0.7 percent) from the revised January 2017 level. The December 2017 to January 2018 percent change was revised from the advance estimate of up 0.7 percent (±0.4 percent) to up 0.8 percent (±0.4 percent).
The January Inventories/Sales Ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.26. The January 2017 ratio was 1.28.
Posted: March 9, 2018 Friday 10:00 AM