February's Economic Growth Indicator

In a recent report by the US Census Bureau, it was revealed that wholesale inventories in the United States experienced a 0.3% growth in February, reaching a total of $902.3 billion. This marks a significant indicator of economic resilience, with a year-over-year increase of 1.1%.

Surge in Wholesale Sales

Adjusted for seasonal variations and trading-day differences, sales of merchant wholesalers stood at $696.4 billion. This figure represents a 2.4% increase from the previous month and a 4.3% rise compared to the same period last year, showcasing a robust sales environment.

Inventory to Sales Ratio Declines

The inventory to sales ratio for merchant wholesalers was recorded at 1.30 in February, a slight decrease from 1.34 in the previous year. This ratio indicates a healthy balance between inventory levels and sales, suggesting efficient inventory management across the sector.