Today saw the release of several positive economic numbers for U.S. wholesalers.
First, the U.S. Department of Commerce reported that wholesaler inventories in February grew by 0.6%. Second, also in Februay, wholesaler sales were up by 0.8%.
Analysis: That sales outstripped growth in inventories means that demand exceeded supply in February. This is a positive sign of economic growth. Note that the excess demand was small enough, 0.2%, that investors do not need to worry about inflation.
Importance grade: 5; while a positive sign, this is a minor bit of positive economic news.
Jason
The beauty of it is that it contributes to the growth of financial stability. I find this business really interesting. I save money and time thru ordering inventory online. This is actually a good aide.
wholesaler
It's nice to know that the growth of our economy is dramatically increasing.. Well, being a wholesaler myself, I have noticed it and I've always knew that there will come a time that I'd go big 🙂
Thanks to both of you for your comments – keep 'em coming. Jason