Research >> Economics
Wholesale Inventories up 1.2% in January
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January 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 $499.8 billion, up 0.5 percent (±0.7 percent)* from the revised December level and were up 2.7 percent (±0.7 percent) from the January 2018 level. The November 2018 to December 2018 percent change was revised from the preliminary estimate of down 1.0 percent (±0.5 percent) to down 0.9 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 $669.9 billion at the end of January, up 1.2 percent (±0.4 percent) from the revised December level. Total inventories were up 7.7 percent (±1.1 percent) from the revised January 2018 level.
The January Inventories/Sales Ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.34. The January 2018 ratio was 1.28.
Posted: March 22, 2019 Friday 10:00 AM