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Friday, August 6, 2021

Wholesale inventories rise more than consensus in June

  • June Wholesale Inventories +1.1% to $717.6B vs. +0.8% consensus, +1.3% in May.
  • Total inventories rose 10.5% from the revised June 2020 level; the M/M percentage change was revised from the advance estimate of +0.8%.
  • Sales of merchant wholesalers in June were $588.1B, up 2.0% from May and up 27.5% from June 2020.

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