Wholesale Inventories in the US: A Closer Look

According to the latest report from the US Census Bureau, wholesale inventories in the United States experienced a modest 0.2% increase in October, reaching $905 billion. This figure aligns with analysts' expectations and represents a slight revision from September's figures. On a year-on-year basis, total inventories rose by 0.9%, indicating a steady economic landscape.

The sales of merchant wholesalers, adjusted for seasonal variations and trading-day differences but not for price changes, stood at $675.1 billion in October. This represents a 0.1% decrease from September's revised figure but a 0.9% increase compared to the same period in the previous year. The inventory-to-sales ratio, based on seasonally adjusted data, was 1.34, down from 1.35 in the prior month, suggesting a more balanced inventory management.