U.S. Wholesale Inventories Rebound in December - Modern Distribution Management

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U.S. Wholesale Inventories Rebound in December

Wholesale reveneus likewise ended the year on a monthly uptick.
Warehouse industrial and logistics companies. Commercial warehouse. Huge distribution warehouse with high shelves. Bottom view.

The U.S. Census Bureau shared its monthly wholesale trade statistics for December 2023 sales and inventories on Feb. 8


The report showed that December sales for merchant wholesalers (except manufacturers’ sales branches and offices, seasonally adjusted, but not for price), were $670.9 billion — up 0.7% from the revised November figure and up 1.6% year-over-year. November’s month-to-month figure was revised from the preliminary estimate of unchanged to down 0.1%.


The report showed that December total inventories of wholesalers were $897.2 billion — up 0.4% from the revised November figure and down 2.7% year-over-year. The December month-to-month figure was unrevised from the advance estimate of up 0.4%.

Inventories/Sales Ratio

The report showed that the December inventories-to-sales ratio for wholesalers was 1.34, down from 1.40 of a year earlier.

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