Research >> Economics
Wholesale Inventories up 0.4% in December
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December 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 $500.2 billion, up 1.2 percent (±0.7 percent) from the revised November level and were up 9.1 percent (±1.1 percent) from the December 2016 level. The October 2017 to November 2017 percent change was revised from the preliminary estimate of up 1.5 percent (±0.5 percent) to up 1.9 percent (±0.7 percent).
Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations but not for price changes, were $612.1 billion at the end of December, up 0.4 percent (±0.4 percent)* from the revised November level. Total inventories were up 3.4 percent (±0.7 percent) from the revised December 2016 level. The November 2017 to December 2017 percent change was revised from the advance estimate of up 0.2 percent (±0.4 percent)* to up 0.4 percent (±0.4 percent)*.
The December Inventories/Sales Ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.22. The December 2016 ratio was 1.29.
Posted: February 9, 2018 Friday 10:00 AM