The 2020 Mid-Year Economic Update_long

Monthly Wholesale Trade Data: March 2018

Wholesale revenues, inventories and ratios from March 2018

Wholesale revenues in March were $497.9 billion, up 7.3 percent from March 2017 and up 0.3 percent from February. March sales of durable goods were down 0.3 percent over last month and up 8.4 percent from a year ago. Sales of nondurable goods were up 1 percent over February and up 6.3 percent from last March.

Inventories. Inventories were $627.4 billion at the end of March, up 0.3 percent from the revised February level and up 5.5 percent from last year. March inventories of durable goods were up 0.8 percent from last month and up 6.2 percent from a year ago. Inventories of nondurable goods were down 0.4 percent from February and up 4.6 percent from last March.

Inventories/Sales Ratio. The March inventories/sales ratio for merchant wholesalers was 1.26. The March 2017 ratio was 1.28.

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