- Wholesale inventories prior month +0.5% revised to 0.4%. Retail inventory ex air prior month +0.4% revised to +0.3%
Advance Wholesale Inventories -0.4%
- Wholesale inventories were $896.2 billion, a decrease of -0.4% from February 2024.
- Year-over-year, wholesale inventories were down by -2.1% from March 2023.
- The monthly change from January to February 2024 was revised slightly from a 0.5% increase to a 0.4% increase.
Advance Retail Inventories ex air -0.1%
- advance retail sales ex air -0.1% versus +.3% last month
- Retail inventories were $788.1 billion, an increase of 0.3% from February 2024.
- Year-over-year, retail inventories were up by 4.4% from March 2023.
- The monthly change from January to February 2024 remained unrevised at a 0.5% increase.