美国3月份批发库存终值略有下降

Core Viewpoint - The final value of U.S. wholesale inventories for March showed a slight decline, with a growth rate lower than initial estimates due to reductions in inventories of appliances, lumber, clothing, and agricultural products [1] Group 1: Inventory Data - U.S. wholesale inventories increased by 0.4% in March, which is lower than the expected increase of 0.5% and follows a 0.5% increase in February [1] - Year-over-year, March inventories grew by 2.2% [1] Group 2: Economic Impact - The first quarter saw companies import goods in advance to avoid potential tariffs, resulting in a significant trade deficit, with most imports turning into inventory [1] - The initial estimate for first-quarter GDP indicated that business inventories increased at an annual rate of $140.1 billion, compared to only $8.9 billion in the previous quarter [1] - The contribution of inventories to GDP was 2.25 percentage points, marking the largest impact since the fourth quarter of 2021 [1]