US wholesale inventories down by 0.1% in April - Breaking The News

US wholesale inventories down by 0.1% in April

8 June

1 min read

EPA-EFE/CJ GUNTHER

Wholesale inventories in the United States observed a monthly decline of 0.1% in April to land at $915.7 billion, a very slight improvement to analysts' expectations, the US Census Bureau said in its report published on Thursday. On an annual basis, the figure advanced by 6.3%.

Sales of merchant wholesalers, except manufacturers' sales branches and offices, after adjustment for seasonal variations and trading-day differences but not for price changes, rose by 0.2% compared to March to reach $652.6 billion. On the other hand, they decreased by 3.4% year-on-year.

The inventories/sales ratio for merchant wholesalers, except manufacturers' sales branches and offices, based on seasonally adjusted data, came in at 1.40. In April 2022, the figure was at 1.27.

data wholesale inventories

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