The amount of inventory at wholesale warehouses in the U.S. in February fell by 1.5%

According to the U.S. Department of Commerce, the amount of inventory at wholesale warehouses in the U.S. in February fell by 1.5% to 419.337 billion analysts predicted decline to 0.5% after its reduction to 0.9% in January, revised from negative 0.7%.

The volume of wholesale sales in February rose by 0.6% to $ 319.727 billion dollars after declining by 2.4% in January, revised from negative 3.7%.

In relation to the same period of 2008 the volume of wholesale inventories in February fell by 1.7%, while wholesale sales fell by 14.3%.

Indicator ratio of wholesale stock to sales, indicating the number of months it takes to wholesale companies in order to realize the current stocks in February fell to 1.31 against 1.34 in January. Reducing the indicator shows an improvement of controllability of stocks in the context of a weakening consumer demand in the United States and a slowing of economic growth.