Wholesale inventories in the US grew 1.1 percent month-over-month in October of 2020, better than initial estimates of a 0.9 percent rise, and following an upwardly revised 0.9 percent increase in September. Inventories went up for durable goods (0.3 percent vs 0.2 percent in September) with hardware (4.3 percent) posting the highest gain. Nondurable goods stocks also increased (2.5 percent vs 1.9 percent) with farm products (15.8 percent) and drugs (3.9 percent) rising the most. Year-on-year, wholesale stocks declined 2.2 percent. source: U.S. Census Bureau
Wholesale Inventories in the United States averaged 0.36 percent from 1992 until 2020, reaching an all time high of 2.10 percent in May of 2011 and a record low of -2 percent in March of 2009. This page provides - United States Wholesale Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Wholesale Inventories - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.
Wholesale Inventories in the United States is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wholesale Inventories in the United States to stand at 0.60 in 12 months time. In the long-term, the United States Wholesale Inventories is projected to trend around 0.20 percent in 2021, according to our econometric models.