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Chemicals and allied products wholesalers report $12.3 billion in November inventories


By Metric Media News Service | Feb 18, 2020

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Inventories held by chemicals and allied products wholesalers in November 2019 were valued at $12.3 billion, according to the U.S. Census Bureau.

The data is after adjustment for seasonal variations and trading day differences, but not for price changes.

The Census Bureau conducts a monthly wholesale trade survey in order to provide an up-to-date indication of sales and inventory trends for U.S. merchant wholesalers, excluding manufacturers' sales branches and offices.

The survey is considered to be a reliable measure of current economic activity.

Information requested in the survey includes monthly sales reports, end-of-month inventories, number of establishments covered by the report, and the ending date of the reporting period.

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