The Census Bureau reports Wholesale Trade Inventories rose 0.4% in December but revisions tool November from 0.8% to 0.6%.

Inventory to Sales Ratio

Image placeholder title

The inventory-to sales ratio is declining, and that's a good thing. However, the ratio is hardly lean as some believe. Hurricane artifacts inflated sales in the 4th quarter of 2017.


Sales and Inventories

Image placeholder title

No segment of trade numbers was more impacted than autos. Sales are 7.3% year-over-year while inventories are up only 2.3%.Had it not been for the hurricanes, the auto sector was headed for a disaster. That disaster was delayed not extinguished.

Inventories are up from last year. Looking ahead, sales won't be.

Mike "Mish" Shedlock

Wholesale Inventories Crash, Led by Autos

Wholesale inventories plunged 5% in the Census Bureau Wholesale Trade Report for February, released today.

Wholesale Inventories Rose 0.3 Percent in September: Unwarranted Inventory Build?

The Census Bureau reported wholesale trade inventories rose 0.3 percent in September. This was an expected result given the Census Bureau's advance estimates.

Wholesale Sales -0.5% Inventories +0.4%

Perhaps there will be an inventory build for the quarter after all because the build in wholesale inventories is not matched by reported sales.

Auto Inventories Surge: How’s That Going to Work?

Wholesale inventories in March rose 0.2% as expected by the Econoday consensus. February was revised from 0.4% to 0.3 which will take a tick off GDP first-quarter revisions.

Advance Wholesale Inventories +0.5%, Retail -0.4%

In March, wholesale inventories rose 0.5% to $628.8 billion. Retail inventories declined 0.4% to $626.6 billion.

Wholesale Inventories Flat, Inventory-to-Sales Ratio Shows Hurricane Impacts

The Census Bureau reported wholesale inventories were flat in October. The bureau revised September from +0.7% to +0.6%. Hurricane impacts distorted the numbers, as well as mainstream media analysis of the numbers.

Wholesale Trade: Inventory-to-Sales Ratios Extremely Elevated

Wholesale trade inventories rose 0.1% for the month compared to Bloomberg Econoday expectations of a 0.2% rise.

Wholesale Inventories Down 0.4%, Retail Down 0.1%

Wholesale and retail inventories both declined in October according to the Census Bureau Advance Indicators report.

Wholesale Inventories Rise Slightly Following Big Jumps in December and January

Wholesale inventories rose 0.2% in February. The inventory to sales ratio is elevated.