Chemicals and allied products wholesalers report 4.9 percent increase in year-over-year May inventories


Inventories held by chemicals and allied products wholesalers in May were valued at $13.1 billion, an increase of 4.9 percent from the same period a year earlier, according to a U.S. Census Bureau report which was released in August.

Chemicals and allied products wholesalers reported inventories worth $12.5 billion in May 2018.

The data is after adjustment for seasonal variations and trading day differences, but not for price changes.

The Census Bureau conducts a monthly wholesale trade survey in order to provide an up-to-date indication of sales and inventory trends for U.S. merchant wholesalers, excluding manufacturers' sales branches and offices.

The survey is considered to be a reliable measure of current economic activity.

Information requested in the survey includes monthly sales reports, end-of-month inventories, number of establishments covered by the report, and the ending date of the reporting period.

Want to get notified whenever we write about U.S. Census Bureau ?

Sign-up Next time we write about U.S. Census Bureau, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

U.S. Census Bureau

More News

Metro Business Network