Research >> Economics
Wholesale Inventories up 1.8% in May 2022
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May 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 $696.0 billion, up 0.5 percent (±0.4 percent) from the revised April level and were up 20.9 percent (±1.1 percent) from the revised May 2021 level. The March 2022 to April 2022 percent change was revised from the preliminary estimate of up 0.7 percent (±0.4 percent) to up 0.8 percent (±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 $878.6 billion at the end of May, up 1.8 percent (±0.2 percent) from the revised April level. Total inventories were up 24.7 percent (±1.2 percent) from the revised May 2021 level. The April 2022 to May 2022 percent change was revised from the advance estimate of up 2.0 percent (±0.2 percent) to up 1.8 percent (±0.2 percent).
The May Inventories/Sales Ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.26. The May 2021 ratio was 1.22.
Posted: July 8, 2022 Friday 10:00 AM