Welcome!

Friday, May 7, 2021

Modest miss for wholesale inventories

Sales
March 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 $567.9 billion, up 4.6 percent (±0.7 percent) from the revised February level and were up 19.0 percent (±1.1 percent) from the revised March 2020 level. The January 2021 to February 2021 percent change was revised from the preliminary estimate of down 0.8 percent (±0.7 percent) to virtually unchanged (±0.7 percent).

Inventories
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 $693.6 billion at the end of March, up 1.3 percent (±0.4 percent) from the revised February level. Total inventories were up 4.5 percent (±1.2 percent) from the revised March 2020 level. The February 2021 to March 2021 percent change was revised from the advance estimate of up 1.4 percent (±0.4 percent) to up 1.3 percent (±0.4 percent).

Inventories/Sales Ratio
The March inventories/sales ratio for merchant wholesalers, except manufacturers’ sales branches and
offices, based on seasonally adjusted data, was 1.22. The March 2020 ratio was 1.39.

No comments:

Post a Comment

Legal Shield

Pre-Paid Legal