United States Wholesale Inventories  Forecast


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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 0.40 in 12 months time. In the long-term, the United States Wholesale Inventories is projected to trend around 0.20 percent in 2020, according to our econometric models.


United States Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence 58.7 55 54 54.3 52 52
Manufacturing PMI 54.6 53 52.7 52.9 53.7 53
Non Manufacturing PMI 60.1 58 55.2 56 54 55.06
Services PMI 55.3 53.7 52.9 53 54.6 54.8
Composite Pmi 55.2 54 52.4 52.7 55 55.1
Industrial Production 2.9 3 2.4 1.9 1.6 1.1
Industrial Production Mom 0.9 0.2 0.4 0.5 0.2 0.2
Manufacturing Production 2.5 2 1.7 1.7 2 1.9
Capacity Utilization 77 76 76.4 76.6 76.68 78
Durable Goods Orders -1.2 -1.2 0.39 0.33 0.32 0.4
Durable Goods Orders Ex Defense -0.8 0.82 0.43 0.33 0.31 0.31
Durable Goods Orders Ex Transportation 0.4 0.1 0.26 0.24 0.24 0.1
Factory Orders Ex Transportation 0.7 0.27 0.27 0.26 0.26 0.26
New Orders 478455 476076 474328 472768 471246 458450
Factory Orders 1.4 -0.5 0.27 0.26 0.27 0.2
Business Inventories 0 -0.8 0.39 0.2 0.32 0.2
Changes in Inventories 35.8 65.2 14 7.5 19.5 75
Wholesale Inventories 0.3 0.4 -0.1 0.2 0.4 0.2
Bankruptcies 23109 24372 25248 26281 27410 37180
Corporate Profits 1644 1636 1634 1631 1628 1605
NFIB Business Optimism Index 104 106 104 100 102 97
Philadelphia Fed Manufacturing Index 22.7 19 15 10 13 6.3
Richmond Fed Manufacturing Index 12 14 15 11 10 3
Ism New York Index 51.6 54.39 54.83 55.11 55.28 55.53
NY Empire State Manufacturing Index 19.4 25 19 12 11 5
Dallas Fed Manufacturing Index 27.6 14 15 14.5 11.65 2
Chicago Fed National Activity Index 0.65 0.05 0.2 0.2 -0.09 0.05
Chicago Pmi 66.2 54 53 53.5 58.36 54.58
Car Production 2.7 3.61 3.89 3.89 3.31 4.04
Car Registrations 511 563 612 643 662 683
Total Vehicle Sales 18.09 14 18 18 17.22 18.7
Crude Oil Stocks Change -1.86 -0.5 0.06 0.06 0.06 0.1
Natural Gas Stocks Change -46 32 12.64 5.45 2.77 1.19
Gasoline Stocks Change 44 -11.35 4.03 4.04 4.04 4.04
Leading Economic Index 183 184 184 185 186 189
Internet Speed 18748
IP Addresses 128949703 129552017 129483682 129416277 129348765 128896096
Steel Production 6716 6470 7002 7142 7227 7150
Mining Production 6.4 2 7 6.4 3.21 1
Ease of Doing Business 6 7 6 6 6 6
Competitiveness Index 5.85 5.7 5.73 5.73 5.77 5.86
Competitiveness Rank 2 3 3 3 2 3
Corruption Index 74 75.5 75.5 75.5 75 75.5
Corruption Rank 18 16 16 16 18 16