35 Days
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المشهد العربي
Wholesale sales rise faster than inventories in May
American wholesale sales experienced a strong increase in May, reaching $817.4 billion, representing a monthly growth of 3.4% and an annual growth rate of 18.1%. Meanwhile, inventories saw a modest rise of 0.1% to reach $941.8 billion, with an annual increase of 4.0%. This disparity led to a decline in the inventory-to-sales ratio from 1.19 to 1.15 months, indicating a faster depletion of stock due to high demand.
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