Research >> Economics
Wholesale Inventories up 1.1% in December
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December 2018 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 $497.2 billion, down 1.0 percent (±0.5 percent) from the revised November level, but were up 1.0 percent (±0.7 percent) from the December 2017 level. The October 2018 to November 2018 percent change was revised from the preliminary estimate of down 0.6 percent (±0.4 percent) to down 1.2 percent (±0.4 percent).
Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations but not for price changes, were $661.8 billion at the end of December, up 1.1 percent (±0.4 percent) from the revised November level. Total inventories were up 7.3 percent (±0.9 percent) from the revised December 2017 level.
The December Inventories/Sales Ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.33. The December 2017 ratio was 1.25.
Posted: February 25, 2019 Monday 10:00 AM