Research >> Economics
Wholesale Inventories up 2.2% in December 2021
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December 2021 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 $634.6 billion, up 0.2 percent (±0.4 percent)* from the revised November level and were up 21.8 percent (±1.9 percent) from the revised December 2020 level. The October 2021 to November 2021 percent change was revised from the preliminary estimate of up 1.3 percent (±0.5 percent) to up 1.7 percent (±0.5 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 $790.8 billion at the end of December, up 2.2 percent (±0.4 percent) from the revised November level. Total inventories were up 18.5 percent (±1.6 percent) from the revised December 2020 level. The November 2021 to December 2021 percent change was revised from the advance estimate of up 2.1 percent (±0.4 percent) to up 2.2 percent (±0.4 percent).
The December Inventories/Sales Ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.25. The December 2020 ratio was 1.28.
Posted: February 9, 2022 Wednesday 10:00 AM