US wholesale inventories (revised) for September -Zero.2% versus -Zero.1% preliminary

• Prior month +Zero.2%
• US wholesale inventories (revised) -Zero.2% versus -Zero.1% estimate (and preliminary)
• Wholesale gross sales +Zero.three% versus constructive Zero.2% estimate

Gross sales

• September 2024 gross sales for service provider wholesalers (excluding producers’ gross sales branches and workplaces) reached $674.eight billion.
  • Elevated by Zero.three% from the revised August stage.
  • Decreased by Zero.four% in comparison with September 2023.
• July to August 2024 % change was revised:
  • From a preliminary estimate of -Zero.1% to +Zero.2%.

Inventories

• Complete inventories for service provider wholesalers (excluding producers’ gross sales branches and workplaces) have been $903.7 billion on the finish of September.
  • Decreased by Zero.2% from the revised August stage.
  • Elevated by Zero.three% in comparison with September 2023.
• August to September 2024 stock change was revised:
  • From an advance estimate of -Zero.1% to -Zero.2%.

Inventories/Gross sales Ratio

• The September 2024 inventories-to-sales ratio for service provider wholesalers was 1.34.
  • Barely up from 1.33 in September 2023

This text was written by Emma Wang at www.ubaidahsan.com.



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