Wholesale inventories tick up 1.1% in January
Wholesale inventories for January were estimated at an end-of-month level of $905.2 billion, up 0.7% (±0.2%) from December 2024, and were up 1.1% (±0.9%) from January 2024.
The November 2024 to December 2024 percentage change was revised from the preliminary estimate of down 0.5% (±0.2%) to down 0.4% (±0.2%).
The international trade deficit was $153.3 billion in January, up $31.2 billion from $122.0 billion in December. Exports of goods for January were $172.2 billion, $3.3 billion more than December exports. Imports of goods for January were $325.4 billion, $34.6 billion more than December imports.
Retail inventories for January were estimated at an end-of-month level of $821.3 billion, down 0.1% (±0.2%)* from December 2024, and were up 4.9% (±0.7%) from January 2024.The November 2024 to December 2024 percentage change was revised from the preliminary estimate of down 0.4% (±0.2%) to down 0.5% (±0.2%).
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Industrial Supply Co. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
