US wholesale inventories for March 2020

  • wholesale inventories -1.0% versus -0.4% estimate.
  • The prior month came in at -0.7% him
  • the decline was the sharpest since September 2009
  • retail inventories +0.9% versus 0.5% estimate
  • prior month remains at -0.3%
  • retail inventories excluding autos -1.3%
  • retail motor vehicle and parts dealer inventories +5.1% versus -0.9% last month
  • durable goods inventories rose 0.1% versus -0.8% in February
  • nondurable goods inventories -2.6% versus -0.2%

Wholesale inventories declined by the most cents September 2009