FX.co ★ Wholesale Inventories Increase by 0.5% in the United States for March 2024

According to the most recent data updated on 29 March 2024, wholesale inventories in the United States have experienced a positive growth of 0.5% for the month of March. The previous indicator had shown a decline of -0.3% back in January 2024, marking a turnaround in the inventory trend. The comparison was done on a Month-over-Month basis, where the current indicator reflects the change in inventories for March compared to February, showcasing an increase in stock levels. This uptick in wholesale inventories could indicate a rise in demand for goods, potentially pointing towards economic growth in the country. Investors and analysts will be monitoring this data closely for its implications on future economic performance and market trends.