United States Wholesale Inventories MoM

Info

History

Chart

Impact:

Low

Latest Release:

Date:

Actual:

-0.3%

Forecast: -0.3%

Previous/Revision:

0.2%

Period: May

What Does It Measure?

The United States Wholesale Inventories MoM measures the change in the total value of inventory held by wholesalers within the country, reflecting the health of the wholesale sector and overall supply chain dynamics. It primarily assesses production and supply levels, influencing economic activity and forecasting trends in consumer demand; key indicators include inventory levels and their rate of change, with values above zero indicating expansion in inventories.

Frequency

This indicator is released monthly, typically with preliminary estimates available around the second week of the month, and the final figures published shortly thereafter.

Why Do Traders Care?

Traders closely monitor wholesale inventories as they provide insights into consumer demand and business activity; higher-than-expected inventory levels may suggest weaker demand, potentially leading to bearish sentiment in equities and currencies, while lower inventories can indicate strong demand and economic growth. Since it is a timely indicator, it plays a crucial role in shaping economic forecasts and influencing market decisions.

What Is It Derived From?

Wholesale inventories are calculated based on data collected from various wholesale businesses across the United States, including monthly surveys that capture inventory changes as reported by firms engaged in wholesaling activities. The calculation incorporates industry standards and utilizes methods to ensure accuracy, such as sampling of relevant businesses.

Description

The United States Wholesale Inventories MoM typically updates estimates based on preliminary data, which reflects early calculations and may undergo revisions before finalizing the figures. Preliminary data often attract more immediate market attention due to their timely release; however, final data usually offers a clearer picture and can consequently lead to adjusted market reactions.

Additional Notes

This indicator is generally considered a coincident economic measure as it correlates with current economic activity, providing insights into the supply chain and overall economic health. It is often compared with retail sales data to assess consumer behavior and trends while reflecting broader economic conditions and contributing to standardized economic analyses.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bearish for USD, Bearish for Stocks. Lower than expected: Bullish for USD, Bullish for Stocks. A dovish tone: Signaling lower demand or economic support, is usually good for the USD but bad for Stocks due to expectations of reduced business activity.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Time	Actual	Forecast	Previous	Surprise
Jul 09, 2025		-0.3%	-0.3%	0.2%