US Business Inventories See Impressive 0.2% Uptoick in May, Demonstrating Dynamic Growth!
Inventory Levels Rise in Businesses: An Overview In the month of May, business inventories rose by 0.2% according to government official data. Business inventories refer to the unsold products that a company has in stock. It represents the physical goods or products that are awaiting sales. The increase in inventories indicates a rise in unsold […]
US Wholesale Inventories Dip Slightly in April, Down by 0.1%
Introduction The United States’ economy has been experiencing ups and downs lately, and it seems that the wholesale sector is no exception. In April, the wholesale inventory experienced a slight dip of 0.1%, accompanied by a 0.2% increase in sales. The government’s report divulged that the inventory-to-sales ratio slightly decreased from 1.41 to 1.40 months, […]
US Wholesale Stocks Skyrocket 0.1% in February: Warehouse Surplus Reflects Booming Economy
The US Commerce Department revealed on Monday that wholesale inventories rose by 0.1% in February, while sales during the same period climbed by 0.4%. The inventory-to-sales ratio fell slightly to 1.37 months from 1.38, compared to 1.24 a year ago. This measure indicates the length of time it would take a company to sell all […]