Research >> Economics
Wholesale Inventories up 0.2% in September 2023
|
September 2023 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 $678.1 billion, up 2.2 percent (±0.5 percent) from the revised August level and were up 0.9 percent (±0.5 percent) from the revised September 2022 level. The July 2023 to August 2023 percent change was revised from the preliminary estimate of up 1.8 percent (±0.5 percent) to up 2.0 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 $901.8 billion at the end of September, up 0.2 percent (±0.2 percent)* from the revised August level. Total inventories were down 1.2 percent (±1.1 percent) from the revised September 2022 level. The August 2023 to September 2023 percent change was revised from the advance estimate of virtually unchanged (±0.2 percent)* to up 0.2 percent (±0.2 percent)*.
The September Inventories/Sales Ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.33. The September 2022 ratio was 1.36.
Posted: November 8, 2023 Wednesday 10:00 AM