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United States Wholesale Inventories

Price

0.2 %
Change +/-
+0 %
Percentage Change
+0 %

The current value of the Wholesale Inventories in United States is 0.2 %. The Wholesale Inventories in United States decreased to 0.2 % on 4/1/2024, after it was 0.2 % on 2/1/2024. From 2/1/1992 to 5/1/2024, the average GDP in United States was 0.41 %. The all-time high was reached on 2/1/2022 with 2.8 %, while the lowest value was recorded on 3/1/2009 with -1.9 %.

Source: U.S. Census Bureau

Wholesale Inventories

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Wholesale Inventory Levels

Wholesale Inventories History

DateValue
4/1/20240.2 %
2/1/20240.2 %
12/1/20230.5 %
11/1/20220.6 %
10/1/20220.6 %
9/1/20220.3 %
8/1/20221.3 %
7/1/20220.6 %
6/1/20221.6 %
5/1/20222.2 %
1
2
3
4
5
...
29

Similar Macro Indicators to Wholesale Inventories

NameCurrentPreviousFrequency
🇺🇸
Automobile production
11.18 M Units11.73 M UnitsMonthly
🇺🇸
Bankruptcies
20,316 Companies18,926 CompaniesQuarter
🇺🇸
Business Climate
48.5 points48.7 pointsMonthly
🇺🇸
Business Inventories
0.5 %0.3 %Monthly
🇺🇸
Capacity Utilization
78.7 %78.2 %Monthly
🇺🇸
CFNAI Employment Index
0 points-0.05 pointsMonthly
🇺🇸
CFNAI Index for Personal Consumption and Housing
-0.02 points-0.02 pointsMonthly
🇺🇸
CFNAI Production Index
-0.28 %-0.02 %Monthly
🇺🇸
CFNAI Sales, Order, and Inventory Index
-0.02 %-0.01 %Monthly
🇺🇸
Changes in Inventory Levels
71.7 B USD17.7 B USDQuarter
🇺🇸
Chicago Fed National Activity Index
0.18 points-0.26 pointsMonthly
🇺🇸
Chicago PMI
46.1 points45.3 pointsMonthly
🇺🇸
Composite Leading Indicator
99.969 points99.991 pointsMonthly
🇺🇸
Composite PMI
54.4 points54.6 pointsMonthly
🇺🇸
Consistency Index
143.15 points142.9 pointsMonthly
🇺🇸
Corn Grain Reserves
4.993 B Bushels8.347 B BushelsQuarter
🇺🇸
Corporate profits
2.727 T USD2.803 T USDQuarter
🇺🇸
Dallas Fed Manufacturing Delivery Index
2.8 points-3 pointsMonthly
🇺🇸
Dallas Fed Manufacturing Employment Index
-2.9 points-5.3 pointsMonthly
🇺🇸
Dallas Fed Manufacturing Index
-15.1 points-19.4 pointsMonthly
🇺🇸
Dallas Fed Manufacturing Prices Paid Index
21.5 points20.4 pointsMonthly
🇺🇸
Dallas Fed Manufacturing Production Index
0.7 points-2.8 pointsMonthly
🇺🇸
Dallas Fed New Order Index
-1.3 points-2.2 pointsMonthly
🇺🇸
Dallas Fed Service Sector Revenue Index
7.7 points1.9 pointsMonthly
🇺🇸
Dallas Fed Services Index
-4.1 points-12.1 pointsMonthly
🇺🇸
Durable Goods Orders
0 %9.8 %Monthly
🇺🇸
Durable Goods Orders Excluding Defense
-0.2 %-0.5 %Monthly
🇺🇸
Durable Goods Orders Excluding Transportation
0.5 %-0.1 %Monthly
🇺🇸
Factory Orders
5 %-3.3 %Monthly
🇺🇸
Factory Orders Excluding Transportation
0.7 %0.4 %Monthly
🇺🇸
Grain Reserves Wheat
702 M Bushels1.087 B BushelsQuarter
🇺🇸
Industrial production
0.4 %-0.7 %Monthly
🇺🇸
Industrial Production MoM
0.9 %0 %Monthly
🇺🇸
ISM Manufacturing Backlog
43.6 points41.7 pointsMonthly
🇺🇸
ISM Manufacturing Deliveries
52.6 points49.8 pointsMonthly
🇺🇸
ISM Manufacturing Employment
49.3 points51.1 pointsMonthly
🇺🇸
ISM Manufacturing Inventory Levels
50.3 points44.5 pointsMonthly
🇺🇸
ISM Manufacturing Prices
52.1 points57 pointsMonthly
🇺🇸
ISM Manufacturing Production
45.9 points48.5 pointsMonthly
🇺🇸
ISM New Orders Manufacturing
49.3 points45.4 pointsMonthly
🇺🇸
ISM New Orders Non-Manufacturing
54.1 points52.2 pointsMonthly
🇺🇸
ISM Non-Manufacturing Business Activity
53.3 points54.5 pointsMonthly
🇺🇸
ISM Non-Manufacturing Employment
47.1 points45.9 pointsMonthly
🇺🇸
ISM Non-Manufacturing Prices
58.1 points59.2 pointsMonthly
🇺🇸
Kansas Fed Composite Index
-8 points-2 pointsMonthly
🇺🇸
Kansas Fed Employment Index
-7 points-12 pointsMonthly
🇺🇸
Kansas Fed Manufacturing Index
-11 points-1 pointsMonthly
🇺🇸
Kansas Fed Manufacturing Index
-13 points-6 pointsMonthly
🇺🇸
Kansas Fed Manufacturing Index
-1 points-18 pointsMonthly
🇺🇸
Kansas Fed Paid Prices Index
19 points18 pointsMonthly
🇺🇸
Leading Indicator
101.2 points101.7 pointsMonthly
🇺🇸
LMI Logistics Manager Index Future
66.1 points65.5 pointsMonthly
🇺🇸
LMI Storage Costs
63.6 points65.2 pointsMonthly
🇺🇸
LMI Transport Prices
61 points57.8 pointsMonthly
🇺🇸
LMI Warehouse Prices
64.5 points64.9 pointsMonthly
🇺🇸
LMI-Logistics Manager Index
56.5 points55.3 pointsMonthly
🇺🇸
Manufacturing PMI
51.6 points51.3 pointsMonthly
🇺🇸
Manufacturing Production
0.2 %-0.7 %Monthly
🇺🇸
Manufacturing Production MoM
0.9 %-0.4 %Monthly
🇺🇸
Mining Production
0.1 %-1.1 %Monthly
🇺🇸
New Orders
592.14 B USD563.972 B USDMonthly
🇺🇸
NFIB Business Optimism Index
90.5 points89.7 pointsMonthly
🇺🇸
NY Empire State Employment Index
-8.7 points-6.4 pointsMonthly
🇺🇸
NY Empire State Manufacturing Index
-6 points-15.6 pointsMonthly
🇺🇸
NY Empire State Manufacturing Index
-1 points-16.5 pointsMonthly
🇺🇸
NY Empire State Manufacturing Index
3.3 points-1.2 pointsMonthly
🇺🇸
NY Empire State Prices Paid Index
23.2 points23.4 pointsMonthly
🇺🇸
Orders for Capital Goods Excluding Defense and Aircraft
1 %-0.9 %Monthly
🇺🇸
Philadelphia Fed Manufacturing Index
1.3 points4.5 pointsMonthly
🇺🇸
Philly Fed Business Climate
15.8 points15.4 pointsMonthly
🇺🇸
Philly Fed CAPEX Index
12.1 points20.1 pointsMonthly
🇺🇸
Philly Fed Employment
-2.5 points-7.9 pointsMonthly
🇺🇸
Philly Fed New Orders
-2.2 points-7.9 pointsMonthly
🇺🇸
Philly Fed Prices Paid
22.5 points18.7 pointsMonthly
🇺🇸
PMI Non-Manufacturing Sector
53.8 points49.4 pointsMonthly
🇺🇸
Retail Inventory Excluding Autos
0.4 %0.5 %Monthly
🇺🇸
Richmond Fed Manufacturing Index
-10 points0 pointsMonthly
🇺🇸
Richmond Fed Manufacturing Shipments
-9 points13 pointsMonthly
🇺🇸
Richmond Fed Services Index
-1 points-11 pointsMonthly
🇺🇸
Services PMI
55.1 points54.8 pointsMonthly
🇺🇸
Soybean Grain Reserves
969 M Bushels1.845 B BushelsQuarter
🇺🇸
Steel production
7 M Tonnes6.9 M TonnesMonthly
🇺🇸
Total Vehicle Sales
15.13 M 15.82 M Monthly
🇺🇸
Vehicle Registrations
279,800 261,300 Monthly

Wholesale Inventories represent the stock of unsold goods maintained by wholesalers. These inventories are a crucial element in the fluctuations of gross domestic product. A high inventory level can indicate an economic slowdown in the United States, whereas a low inventory level is suggestive of stronger economic growth.

What is Wholesale Inventories?

Wholesale Inventories: An In-Depth Insight Wholesale inventories play a critical role in understanding the macroeconomic landscape, serving as a significant indicator of production activity and economic health. Here at Eulerpool, we strive to provide precise, comprehensive, and real-time macroeconomic data, and our coverage of wholesale inventories is no exception. This extensive analysis will delve into the nuances of wholesale inventories, exploring their definition, importance, implications, and interpretation in the macroeconomic context. Wholesale inventories refer to the stock of goods held by wholesalers that are yet to be sold to retailers or other consumers. As a subset of inventory data, wholesale inventories are pivotal because they bridge the gap between manufacturers and end consumers. This intermediate stage in the distribution chain reveals crucial information about supply chain dynamics, consumer demand trends, and overall economic activity. To appreciate the importance of wholesale inventories, one must understand the role wholesalers play within the supply chain. These entities purchase large quantities of goods from manufacturers, store them, and then distribute them in smaller amounts to retailers, businesses, or even other wholesalers. Wholesale inventories, therefore, reflect unsold stock at this intermediate distribution phase, offering a window into future retail activity and potential shifts in production. One primary reason wholesale inventories are keenly monitored is their ability to signal changes in economic momentum. When businesses anticipate an uptick in demand, they are likely to increase their wholesale orders, leading to a rise in wholesale inventories. Conversely, shrinking wholesale inventories may indicate a slowdown in economic activity, reduced consumer spending, or an imminent reduction in production levels. By analyzing trends in wholesale inventories, economists and investors can infer potential developments in consumer behavior, production rates, and overall economic growth. Another critical aspect of wholesale inventories is their impact on the production cycle. In periods of economic expansion, robust demand prompts higher production, which feeds into increased wholesale inventories. Conversely, during economic contractions, dwindling demand can lead to excess inventories, prompting businesses to cut back on new orders and slow down production to avoid overstocking. This cyclical relationship between wholesale inventories and production underscores the importance of inventory management for maintaining economic stability. Wholesale inventories also have implications for inflationary pressures. High levels of wholesale inventories coupled with sluggish demand can lead to discounting and downward pressure on prices as businesses seek to clear excess stock. On the other hand, low inventories during periods of high demand can lead to supply shortages and upward pressure on prices, contributing to inflation. Therefore, monitoring wholesale inventories helps policymakers and economists gauge potential inflationary or deflationary trends. Monitoring wholesale inventories is not just about assessing current economic conditions but also about predicting future economic activity. For instance, persistent increases in wholesale inventories might indicate manufacturers’ expectations of sustained or growing consumer demand, suggesting economic confidence. Conversely, persistent declines might imply caution as businesses foresee reduced demand, serving as a harbinger of economic slowdown. Analyzing wholesale inventories also involves examining their relationship with other inventory categories such as retail and manufacturing inventories. A holistic approach that accounts for inventories at different stages of the supply chain can provide a more accurate and detailed picture of the overall economic condition. By evaluating all stages of the supply chain, from production to retail, one can discern bottlenecks or surpluses that may require adjustments in production or pricing strategies. Wholesale inventories are also integral to national accounts and headline economic indicators. They are a component of the business inventory and investment data used to calculate Gross Domestic Product (GDP). Changes in inventory levels, including wholesale inventories, can contribute to either the accumulation or decumulation of stock, influencing GDP calculations. As such, large swings in wholesale inventory levels can significantly impact quarterly GDP figures, affecting market expectations and financial market movements. The data on wholesale inventories is typically released by national statistical agencies, including figures on the total value of goods held in stock by wholesalers. This data is often presented alongside sales figures, providing a ratio of inventory to sales that helps in assessing the efficiency and appropriateness of inventory levels relative to sales volumes. A rising inventory-to-sales ratio might suggest overstocking or weakening sales, whereas a falling ratio can indicate strong sales performance or potential inventory shortages. Further insight can be gained by segmenting wholesale inventory data by industry or product category. Different sectors can exhibit distinct inventory dynamics depending on factors like seasonality, consumer preferences, or supply chain characteristics. For instance, wholesale inventories in the automotive sector may behave differently from those in the consumer electronics sector due to divergent demand cycles and production processes. In conclusion, wholesale inventories are a crucial component of the macroeconomic framework, providing valuable insights into supply chain dynamics, economic prospects, and production cycles. At Eulerpool, we recognize the significance of accurate and timely wholesale inventory data for economists, investors, businesses, and policymakers. By meticulously tracking, analyzing, and presenting this data, we endeavor to support informed decision-making and foster a deeper understanding of the intricate workings of the economy. Whether you are an academic, a market analyst, a business owner, or a policy advisor, a nuanced comprehension of wholesale inventories is indispensable for navigating the complexities of macroeconomic analysis.