Research >> Economics
Wholesale Inventories unch% in June
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June 2019 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 $498.5 billion, down 0.3 percent (±0.4 percent)* from the revised May level and were down 0.2 percent (±1.1 percent)* from the June 2018 level. The April 2019 to May 2019 percent change was revised from the preliminary estimate of up 0.1 percent (±0.4 percent)* to down 0.6 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 $678.7 billion at the end of June, virtually unchanged (±0.2 percent)* from the revised May level. Total inventories were up 7.6 percent (±1.1 percent) from the revised June 2018 level. The May 2019 to June 2019 percent change was revised from the advance estimate of up 0.2 percent (±0.2 percent)* to virtually unchanged (±0.2 percent)*.
The June Inventories/Sales Ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.36. The June 2018 ratio was 1.26.
Posted: August 8, 2019 Thursday 10:00 AM