United States Wholesale Inventories  Forecast


Wholesale Inventories in the United States is expected to be 0.10 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 2020, according to our econometric models.

United States Wholesale Inventories
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United States Business Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Business Confidence 58.8 52.4 51.5 52 52.3 52
Manufacturing PMI 52.8 53.8 53 52.7 52.9 53
Non Manufacturing PMI 55.3 57.5 54.9 57.2 57.3 54.51
Services PMI 56 52.4 52.7 52.9 53 54.8
Composite Pmi 55.3 53.8 52 52.4 52.7 55.1
Industrial Production 1.5 2 3 2.4 1.9 1.1
Industrial Production Mom -0.9 0.2 0.2 0.4 0.5 0.2
Manufacturing Production 1.5 2.1 2 1.7 1.7 1.9
Capacity Utilization 76.12 75.9 76 76.4 76.6 78
Durable Goods Orders -6.8 0.3 -1.2 0.38 0.33 0.4
Durable Goods Orders Ex Defense -7.8 0.28 0.62 0.36 0.31 0.31
Durable Goods Orders Ex Transportation 0.5 0.2 0.1 0.19 0.19 0.1
Factory Orders Ex Transportation 0.5 0.25 0.27 0.26 0.26 0.26
New Orders 466360 470791 467232 465336 463794 450116
Factory Orders -3.3 0.4 -0.5 0.32 0.28 0.2
Business Inventories 0.2 0.1 -0.8 0.15 0.2 0.2
Changes in Inventories 1.8 21.2 65.2 14 7.5 75
Wholesale Inventories 0.6 0.1 0.4 -0.1 0.2 0.2
Bankruptcies 23443 23547 23480 23666 23672 23784
Corporate Profits 1656 1571 1589 1576 1584 1581
NFIB Business Optimism Index 105 101 95 94 97 97
Philadelphia Fed Manufacturing Index 18.9 12 9 8 10 6.3
Richmond Fed Manufacturing Index 14 6 4 3 6 3
Ism New York Index 56.6 57.16 57.3 57.49 57.52 57.47
NY Empire State Manufacturing Index 24.4 9 8 7 9 5
Dallas Fed Manufacturing Index 17 14.3 14 15 14.5 2
Chicago Fed National Activity Index -0.01 0.09 0.05 0.2 0.2 0.05
Chicago Pmi 58.9 55 54 53 53.5 54.21
Total Vehicle Sales 16.14 15 14 18 18 18.7
Car Production 3.02 3.86 3.61 3.89 3.89 4.04
Car Registrations 503 563 543 551 554 549
Crude Oil Stocks Change 4.59 1 -0.5 0.07 0.07 0.1
Natural Gas Stocks Change 91 42.75 16.26 6.49 2.87 0.75
Gasoline Stocks Change -2125 -1308 3.73 5.05 5.05 5.05
Leading Economic Index 182 182 183 183 183 185
Small Business Sentiment 51.67 52.71 52.53 53.49 54.78 54.76
Steel Production 7071 6400 6470 6675 6637 7150
Mining Production 9.7 10.8 2 7 6.4 1
Ease of Doing Business 8 7 7 6 6 6
Competitiveness Index 5.7 5.7 5.7 5.71 5.73 5.69
Competitiveness Rank 3 3 3 3 3 3
Corruption Index 74 75.5 75.5 75.5 75.5 75.5
Corruption Rank 18 16 16 16 16 16