Sep 11: Wholesale Inventories

Wholesale Inventories fell by 1.4% in July, nearly double the expected decline of 0.7%, to $387.2 billion, following a decrease of 2.1% in June, revised downward from a reported 1.7% decrease.  Over the year, Wholesale Inventories are down by 12.8%.  This figure gauges sales and inventory statistics from the second stage of the manufacturing process, which may change the aggregate inventory profile that has influence on GDP forecast.  Wholesale Sales increased by 0.5% in July to $314.5 billion, and is down by 19.8% since July 2008.  The inventory/sales ratio now stands at 1.23 compared to 1.13 12 months ago as the rate of decline in inventories was slower than the decline in sales.

Upcoming Releases
Treasury Budget (09/11 at 2:00 PM EST)
Retail Sales (09/15 at 8:30 AM EST)
PPI (09/15 at 8:30 AM EST)

Add a Comment

Please login or register to post a comment

Email	Print	Share	Rate Pos	Rate Neg		Comment

Loading Stories...

ECONOMIC HIGHLIGHTS ARCHIVE

Feb 10: Trade Deficit in-line with Expectations - Trade Deficit in-line with Expectations

on February 10, 2012

Feb 9: Initial Jobless Claims falling more than Expected - Initial Jobless Claims falling more than Expected

on February 9, 2012

Feb 8: Improving Odds of a Greek bailout - Improving Odds of a Greek bailout

on February 8, 2012

Feb 7: Nothing Major on the Economic Calendar - Nothing Major on the Economic Calendar

on February 7, 2012

Feb 6: Greece back in the news Again - Greece back in the news Again

on February 6, 2012

<< Previous 5 Stories

View All

Next 5 Stories>>