Inventory to sales ratio
- Prior month +0.4%
- wholesale human toys for March comes in at -0.4%, unchanged from the preliminary release. Last month the inventories rose +0.4%.
- Wholesale sales -1.3% after a 2.0 percent gain last month (revised from 2.3%). Weakest since January when it was down -1.8%
- Sales came in at $662.8B
- Wholesale sales were up 1.4% compared to March 2023
- The March inventories/sales ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.35. The March 2023 ratio was 1.40.
