US wholesale inventories fell 0.2 percent from a month earlier in December 2019, compared to a 0.1 percent decrease initially estimated and following a 0.1 percent rise in November. Computer equipment stocks posted the biggest drop (-1.2 percent vs -0.2 percent in November), followed by automotive (-0.6 percent vs -1.4 percent), machinery (-0.4 percent, the same as in November) and professional equipment (-0.1 percent vs 0.4 percent). Meanwhile, petroleum stocks jumped 7.8 percent (vs 5.2 percent in November). Year-on-year, wholesale inventories grew 2.1 percent in December.
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 2021, according to our econometric models.