| Definition:
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The wholesale trade report provides the dollar amount of wholesale inventories and sales. Also calculated is the inventory-to-sales ratio.
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| Meaning:
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Wholesale trade data reflects activity at the wholesale level and may provide insight into consumer trends. The level of inventories is analyzed as an indicator of economic activity. High inventory levels may mean slower production in order to reduce existing inventories and low inventory levels may mean a step up in production so product shortages do not occur. The inventory-to-sales ratio helps to balance sales growth and inventory growth.
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| Weight:
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*
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| Source:
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U.S. Census Bureau: Monthly Wholesale Trade Survey
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| Availability:
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Report released 6 weeks following the reference month
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| Frequency:
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Monthly
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| Coverage:
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2 Month Lag Factor (Data for May is released in July)
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| Volatility:
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Moderate
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Impact on the Markets:
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| Interest Rates:
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Wholesale Trade  = Interest Rates
Wholesale Trade  = Interest Rates
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| Fixed-income:
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Wholesale Trade = Bond Market
Wholesale Trade = Bond Market
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| Equities:
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Wholesale Trade = Stock Market
Wholesale Trade = Stock Market
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| Dollar:
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Wholesale Trade = Uncertain
Wholesale Trade = Uncertain
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| More Information:
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U.S. Department of Commerce: Bureau of the Census
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