In July, US merchant wholesalers’ sales rose to $671 billion, up 1.1 per cent from June and 2.9 per cent year-over-year.
Inventories reached $903.5 billion, a 0.2 per cent increase.
The inventories-to-sales ratio fell to 1.35 from 1.38.
Retail and manufacturing after-tax profits surged to $49.9 billion and $210.9 billion respectively in Q2 2024, up from Q1.
Inventories reached $903.5 billion, a 0.2 per cent increase.
The inventories-to-sales ratio fell to 1.35 from 1.38.
Retail and manufacturing after-tax profits surged to $49.9 billion and $210.9 billion respectively in Q2 2024, up from Q1.
