Wholesale Inventories increased by 0.4% in March to $394.8 billion, lower than the expected 0.6% increase, following an increase of 0.6% in February, and are down by 5.3% from a year ago. Wholesale Sales had increased by 2.4% in March to $348.0 billion and were up 15.8% over the year. Sales of durable goods were up by 2.0% and sales of nondurable goods were up 2.8% over the month. The Inventory/Sales ratio was at 1.13, lower than the 1.39 ratio in March of 2009.
Upcoming Releases
Trade Balance (05/12 at 8:30 AM EST)
Crude Inventories (05/12 at 10:30 AM EST)
Treasury Budget (05/12 at 2:00 PM EST)
Initial Claims (05/13 at 8:30 AM EST)
Crude Inventories (05/12 at 10:30 AM EST)
Treasury Budget (05/12 at 2:00 PM EST)
Initial Claims (05/13 at 8:30 AM EST)
