Home » News » +2.3% wholesale inventories in March

+2.3% wholesale inventories in March

(CercleFinance.com) – Wholesale inventories rose 2.3% in March sequentially in the United States, according to the Commerce Department, after rising 2.8% the previous month (revised figure of a initial estimate which was +2.5%).

Wholesale sales for their part increased by 1.7% in March. At the current rate of sales, it takes US wholesalers 1.22 months to clear their inventory, down slightly from 1.23 in March 2021.

Copyright (c) 2022 CercleFinance.com. All rights reserved.