Wholesale inventories rise 1.4%, more than expected, in September

• September Wholesale Inventories: +1.4% to $742.2B vs. +1.0% consensus, +1.2% in August.
• Total inventories were up 13.% from the revised September 2020 level.
• September 2021 sales of merchant wholesalers, except manufacturers' sales branches and offices, were $603.1B, up 1.1% from the revised August level and up 22% from the revised September 2020 level.