2018 Economic Calendar
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Wholesale Trade  
Released On 5/9/2018 10:00:00 AM For Mar, 2018
PriorPrior RevisedConsensusConsensus RangeActual
Inventories - M/M change1.0 %0.9 %0.5 %0.5 % to 0.6 %0.3 %

Usually there's not much difference between the advance inventory estimate and the month's final, but there is in March. Wholesale inventories rose only 0.3 percent vs the advance gain of 0.5 percent. The build however is in line with sales which also rose 0.3 percent in the month to keep the stock-to-sales ratio unchanged at 1.26.

Wholesale inventories of autos fell 0.2 percent in a draw that is a plus for auto production. Year-on-year, inventories look lean at a 5.5 percent build which is below a 7.3 percent rise in wholesale sales. Watch for business inventories next week that will follow Tuesday's retail sales report.

Consensus Outlook
Wholesale trade inventories are expected to rise a sizable 0.5 percent in March in line with previously released advance data for the month. This would follow very strong builds of 1.0 and 0.9 percent in the two prior months.

Wholesale trade measures the dollar value of sales made and inventories held by merchant wholesalers. It is a component of business sales and inventories.  Why Investors Care

2018 Release Schedule
Released On: 1/102/93/94/105/96/87/118/99/1110/1011/912/7
Release For: NovDecJanFebMarAprMayJunJulAugSepOct

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