US Wholesale Inventories Decline in December

According to the latest report from the US Census Bureau, wholesale inventories in the United States experienced a 0.5% decrease in December 2024, compared to the revised figures from November of the same year. The total inventories were reported at $898.5 billion, closely aligning with market expectations. On an annual basis, there was a slight decline of 0.1% in total inventories.

Merchant Wholesalers' Sales Show Positive Growth

The sales of merchant wholesalers, after adjustments for seasonal variations and trading-day differences but not for price changes, reached $686.5 billion. This figure represents a 1% increase from November's revised numbers and a 2.8% rise compared to the same period in 2023.

Inventory-to-Sales Ratio Sees Improvement

The inventory-to-sales ratio, based on seasonally adjusted data, was reported at 1.31. This marks a decrease from the 1.35 ratio recorded in December of the previous year, indicating a positive shift in inventory management efficiency.