FOR IMMEDIATE RELEASE: Thursday, May 08, 2025
Monthly Wholesale Trade Report: March 2025
CB25-64
Sales
March 2025 sales of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations and trading day differences, but not for price changes, were $697.9 billion, up 0.6 percent (±0.7 percent)* from the revised February level and were up 6.1 percent (±0.9 percent) from the revised March 2024 level. The January 2025 to February 2025 percent change was revised from the preliminary estimate of up 2.4 percent (±0.4 percent) to up 2.0 percent (±0.4 percent). Inventories
Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations and trading day differences, but not for price changes, were $907.5 billion at the end of March, up 0.4 percent (±0.2 percent) from the revised February level. Total inventories were up 2.2 percent (±0.7 percent) from the revised March 2024 level. The February 2025 to March 2025 percent change was revised from the advance estimate of up 0.5 percent (±0.2 percent) to up 0.4 percent (±0.2 percent). Inventories/Sales Ratio
The March inventories/sales ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.30. The March 2024 ratio was 1.35.
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* The 90 percent confidence interval includes zero. There is insufficient evidence to conclude that the actual change is different from zero.
* The 90 percent confidence interval includes zero. There is insufficient evidence to conclude that the actual change is different from zero.
Additional Release Tables
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