2016 Economic Calendar
POWERED BY  econoday logo
Event Definitions   |   Today's Calendar   |   

Wholesale Trade  
Released On 1/8/2016 10:00:00 AM For Nov, 2015
PriorPrior RevisedConsensusConsensus RangeActual
Inventories - M/M change-0.1 %-0.3 %0.0 %-0.3 % to 0.3 %-0.3 %

Wholesale inventories fell a sizable 0.3 percent for a second straight month in November. Sales at the wholesale level fell an even sharper 1.0 percent in the month and, despite the decline in inventories, drove the stock-to-sales ratio up to 1.32 vs 1.31 in the two prior months. A year-ago, the ratio was at 1.23 in what is confirmation that inventories in the sector remain heavy. Inventories of farm products and petroleum rose due to weak sales while inventories of furniture and metals fell on strong sales. Previously released data on the factory sector show a 0.3 percent inventory contraction in November. The missing piece, retail inventories, will be posted following next week's retail sales report.

Consensus Outlook
Wholesale inventories, due to generally soft demand, have been heavy but at least stable in recent months. No change is expected for the November report with the low and high forecasts balanced at minus 0.3 percent and plus 0.3 percent.

Wholesale trade measures the dollar value of sales made and inventories held by merchant wholesalers. It is a component of business sales and inventories.  Why Investors Care

2016 Release Schedule
Released On: 1/82/93/94/85/106/97/127/288/98/269/2910/711/912/912/29
Release For: NovDecJanFebMarAprMayJunJunJulAugAugSepOctNov

powered by  [Econoday]