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, […]
Wholesale Inflation & Jobless Claims Data: US Stocks Open Lower – Latest Insights!
The U.S. stock market opened mostly lower Thursday, as investors digested a fresh reading on wholesale inflation and weekly jobless claims data. The Dow Jones Industrial Average DJIA was down 0.5% soon after the opening bell, while the S&P 500 SPX fell 0.2% and the Nasdaq Composite COMP gained 0.1%, according to FactSet data, at […]
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 […]