2018 Economic Calendar
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Wholesale Trade  
Released On 6/8/2018 10:00:00 AM For Apr, 2018
PriorPrior RevisedConsensusConsensus RangeActual
Inventories - M/M change0.3 %0.2 %0.1 %0.0 % to 0.4 %0.1 %

Highlights
Inventories need to be built up in the wholesale sector in what may be soft news for GDP, where low inventory numbers are a negative, but very good news for production and employment. Wholesale inventories inched only 0.1 percent higher in April against, however, a 0.8 percent surge in sales. This mismatch pulls down the stocks-to-sales ratio to a very lean 1.28. Year-on-year rates confirm the imbalance with inventories up 5.8 percent against a 7.8 percent rise in sales.

The nation's businesses, wholesalers included, have been very conservative in their inventory manage, reflected not only in hard data like today's report but also anecdotal reports like ISM manufacturing where more and more of the respondents say inventories of finished goods are too low.

Consensus Outlook
Wholesale inventories are expected to rise 0.1 percent in April and roughly in line with the month's advance data which showed no change. Despite a flat April, inventories in this report have been trending higher in line with sales.

Definition
Wholesale trade measures the dollar value of sales made and inventories held by merchant wholesalers. It is a component of business sales and inventories.  Why Investors Care
 
 

2018 Release Schedule
Released On: 1/102/93/94/105/96/87/118/99/1110/1011/912/7
Release For: NovDecJanFebMarAprMayJunJulAugSepOct
 


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