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Economic Buzz: US Wholesales Inventories Down 2.1% On Year In March
(26-Apr-2024, 08:20 Hours IST)
The U.S. Census Bureau announced the wholesale inventories and retail inventories advance statistics for March 2024.

Wholesale inventories for March were estimated at an end-of-month level of $896.2 billion, down 0.4 percent from February 2024, and were down 2.1 percent from March 2023. The January 2024 to February 2024 percentage change was revised from the preliminary estimate of up 0.5 percent to up 0.4 percent.

Retail inventories for March were estimated at an end-of-month level of $788.1 billion, up 0.3 percent from February 2024, and were up 4.4 percent from March 2023. The January 2024 to February 2024 percentage change was unrevised from the estimate of up 0.5 percent.

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