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U.S. Business Inventories Edged Lower in March

By Ed Frankl


U.S. business inventories declined marginally in March, a signal of a more fragile economic growth in the country, according to data published Wednesday.

Inventories declined 0.1% over the month, adjusted Commerce Department figures showed, in line with the expectations of economists polled by The Wall Street Journal. The result flipped the downwardly revised 0.3% increase in February.

Inventories climbed slightly at both manufacturers and retailers, with the overall decline instead driven by a 0.4% contraction at merchant wholesalers.

The ratio of inventories to sales, a guide to how many months it would take for businesses to clear their inventories at the current sales rate, held at 1.37 in March, the same as a month earlier. The ratio was 1.39 in March of last year.


Write to Ed Frankl at


(END) Dow Jones Newswires

May 15, 2024 10:33 ET (14:33 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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