US wholesale inventories decreased by 0.1 percent from a month earlier in November 2019 instead of being unchanged as previously reported, following a revised 0.1 percent gain in October. Stocks at auto wholesalers dropped 1.1 percent (vs -0.5 percent in October) and those at apparel fell 0.4 percent (vs -1.6 percent in October). There were also decreases in machinery, furniture and computer equipment inventories. Meanwhile, petroleum stocks rose 0.6 percent, after declining 3.5 percent in the previous month. The component of wholesale inventories that goes into the calculation of GDP edged up 0.1 percent. Year-on-year, wholesale inventories increased 3.3 percent in November.
Wholesale Inventories in the United States averaged 0.38 percent from 1992 until 2019, reaching an all time high of 2.10 percent in May of 2011 and a record low of -2 percent in March of 2009. This page provides - United States Wholesale Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: U.S. Census Bureau
Wholesale Inventories in the United States is expected to be -0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wholesale Inventories in the United States to stand at 0.20 in 12 months time. In the long-term, the United States Wholesale Inventories is projected to trend around 0.20 percent in 2020, according to our econometric models.