Wholesale Sales Improve in April 2012

Written by Steven Hansen Wholesale sales rebounded somewhat in April 2012 from its slowing growth pattern it has been in since early 2011. US Census Headlines: sales up 1.1% month-over-month, up 6.8% year-over-year inventories up 0.6% month-over-month, sales-to-inventory ratios were 1.15 one year ago – and are now 1.17 the market expected an inventory increase …

Wholesale Sales Have a Bad Month in March 2012

Written by Steven Hansen It is not often that the difference between the adjusted and unadjusted data is like night and day – but in March 2012, the seasonally adjusted data looks very good and the unadjusted data looks terrible.  The year-over-year unadjusted data crashed from up 14.0% last month to up 3.9% this month.   …

February 2012 Wholesale Sales Great, Complete Series Reset

Written by Steven Hansen This data was revised this month – Monthly Wholesale sales, inventories, and inventories/sales ratios were revised based on the results of the 2010 Annual Wholesale Trade Survey. Although the data seems good, it is a complete data reset with lower sales and higher inventories – so “pre” and “post” reset graphs …

January 2012 Wholesale Sales Show Improvement

Written by Steven Hansen Wholesale sales has been a volatile data series – up one month, down another. However, after four declining months (rate of growth), wholesales sales rate of growth spiked up in January 2012. Nothing in the data is really concerning, and this series remains consistent with a strengthening economy. Inventory ratios specifically …

Wholesale Sales In December 2011 Continues to Show Growth

Wholesale sales has been a volatile data series – up one month, down another. However, December 2011 is the fourth down month in a row for the rate of growth (Econintersect analysis) – but this data series has stronger growth than most other sectors of the economy. Nothing in the data is really concerning, and …