US wholesale inventories revised marginally lower
- US wholesale inventories (revised) for February 0.1% versus 0.2% expected.
- Last month inventories fell -0.5%
- wholesale sales 0.4% versus 0.4% last month (revised from 0.9%)
- The February inventories/sales ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.37. The February 2022 ratio was 1.24
