Wholesale Inventories Edge Up

In a sign of steady economic activity, wholesale inventories in the United States saw a slight increase of 0.1% in June, reaching $906.3 billion, according to the latest report from the US Census Bureau. This follows a revised figure from May, showcasing a resilient economy amidst fluctuating market conditions.

Sales and Inventory Ratios

Merchant wholesalers' sales, after adjustments for seasonal variations and trading-day differences, rose by 0.3% in June to $698.5 billion. Compared to June 2024, this marks a significant 5.5% increase, reflecting robust year-over-year growth.

The seasonally adjusted inventory-to-sales ratio decreased to 1.30 from 1.35 in the same month the previous year, indicating more efficient inventory management across sectors.