US: Wholesale trade sales rose 0.2% in September to $511.2 billion

Eren Sengezer FXStreet

"September 2018 sales of merchant wholesalers were $511.2 billion up 0.2 percent from the revised August level and were up 7.8 percent from the September 2017 level," the U.S. Census Bureau reported on Friday.

Key takeaways from the press release

Total inventories of merchant wholesalers were $644.6 billion at the end of September, up 0.4 percent from the revised August level.
Total inventories were up 5.2 percent from the revised September 2017 level.
The September inventories/sales ratio for merchant wholesalers was 1.26. The September 2017 ratio was 1.29.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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