Research >> Economics
Wholesale Inventories up 0.3% in September
|
September 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 $480.5 billion, up 1.3 percent (±0.4 percent) from the revised August level and were up 8.5 percent (±1.2 percent) from the September 2016 level. The July 2017 to August 2017 percent change was revised from the preliminary estimate of up 1.7 percent (±0.4 percent) to up 1.9 percent (±0.4 percent).
Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations but not for price changes, were $609.5 billion at the end of September, up 0.3 percent (±0.4 percent)* from the revised August level. Total inventories were up 4.6 percent (±0.7 percent) from the revised September 2016 level. The August 2017 to September 2017 percent change was unrevised from the advance estimate of up 0.3 percent (±0.4 percent)*.
The September Inventories/Sales Ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.27. The September 2016 ratio was 1.32.
Posted: November 9, 2017 Thursday 10:00 AM