US March wholesale inventories (revised) -0.4% versus -0.4% preliminary

• Prior month +0.4%
• wholesale human toys for March comes in at -0.4%, unchanged from the preliminary release. Last month the inventories rose +0.4%.
• Wholesale sales -1.3% after a 2.0 percent gain last month (revised from 2.3%). Weakest since January when it was down -1.8%
• Sales came in at $662.8B
• Wholesale sales were up 1.4% compared to March 2023
• The March inventories/sales ratio for merchant wholesalers, except manufacturers’ sales branches and
  offices, based on seasonally adjusted data, was 1.35. The March 2023 ratio was 1.40.

This article was written by Greg Michalowski at www.forexlive.com.