(Finance) – The growth of warehouse stocks in the United States. In October 2022, according to reports from the US Bureau of Census, there was an increase of 0.5% to 923.8 billion dollars. The figure compares with the previous +0.5% (revised from a preliminary +0.8%) and the expected +0.8%. On an annual basis there is a rise of 21.9%.
In the same period the sales they increased 0.4% month-on-month to $700.8 billion, compared with +0.1% previously. An increase of 11.9% was recorded over the year.
There inventory/sales ratio is equal to 1.32 against 1.21 a year earlier.
(Photo: Photo by Hannes Egler on Unsplash)