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US wholesale inventory for March 0.0% versus 0.1% estimate

Prior month of 0.1%Sales: In March 2023, merchant wholesaler sales reached $655.3 billion, a -2.1% decrease from February and a -2.9% decrease from March 2022. January to February 2023 change was an unrevised increase of 0.4%.Inventories: At the end of March, total inventories were $918.5 billion, virtually unchanged from February and down -9.1% from March 2022. February to March 2023 change was revised to virtually unchanged.Inventories/Sales Ratio: The March ratio was 1.40, compared to 1.25 in... Read More

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Wholesale

Inventory

March

Versus

Estimate

Forex

Posted: May 8 2023, 14:00

Author Name: forexlive

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