August wholesale inventories unrevised at 0.5%
SPY•August U.S. wholesale inventories rose 0.5%, unchanged after annual revisions. Wholesale sales increased 1.8%, also unrevised, and the stock-to-sales ratio was 1.23, versus 1.18 previously.
1. Revised wholesale data
Annual revisions to seasonally adjusted U.S. wholesale data left August inventories up 0.5% and sales up 1.8%, unchanged from the previous figures. The stock-to-sales ratio for August was 1.23, compared with 1.18 previously.
2. Upcoming releases
The department will issue September advance wholesale inventories on Oct. 28. Revised September inventories and advance September sales data are scheduled for Nov. 9.
