Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations but not for price changes, were $421.9 billion at the end of February, up 1.1% +/-0.3% from the revised January level and were up 7.4% +/-1.2% from a year ago. The January preliminary estimate was revised upward $1.0 billion or 0.2%. End-of-month inventories of durable goods were up 0.7% +/-0.5% from last month and were up 2.5% +/-1.2% from last February. |
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