Wholesale Inventories is a monthly economic reading released by the US Census Bureau, which measures the change in the number of inventories for the manufacturing sector. Higher than expected or rising readings indicate a slower economic growth and a weaker demand for manufactured products, and lower consumer spending, being negative for the US Dollar. Higher readings of inventories mean that the businesses sell their goods at a slower pace, and this can have a negative impact on their profitability and the GDP growth.
The United States Wholesale Inventories
The United States Wholesale Inventories latest reading for the month of May of 2017 was 0.4%, which was higher than the forecast reading of 0.3%, and also higher than the previous reading of 0.3%. The readings for the Wholesale inventories are volatile, and their long-term average reading for the period of years 1992-2017 is 0.38%. The 1-year trend is a range-bound trend with readings within a range of 0.5%-1.0%. Historically the United States Wholesale Inventories had an all-time high reading of 2.105 in October of 2010, and an all-time how reading of -2.0% in March of 2009.
