Wholesale inventories in the United States rose by 2.5% in February compared to the prior’s revised figure to $818.2 billion.
- The total inventories of merchant wholesale rose 19.9% in February compared to the same period last year.
- Sales of merchant sales, adjusted for seasonal variations but not price changes, amounted to $675.8 billion, a 1.7% increase from the revised January level and a 25.5% jump compared to the same period last year.
- Total inventories increased by 19.9% in February, from the revised figure reported same period last year.
The inventory-to-sales ratio stood at 1.21, down from the same period last year, when it stood at 1.27.
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Source: US Census Bureau