Titan FX

MoM Change in Wholesale Sales in the US

Country:
USDUnited States
Importance:
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About MoM Change in Wholesale Sales in the US

The month-over-month wholesale sales figure indicates how much sales volume U.S. wholesalers have achieved compared to the previous month. This data is published monthly by the U.S. Department of Commerce and is crucial for assessing businesses' sales activities and economic performance.

This month-to-month data helps understand how sales volumes are fluctuating over the short term. An increase in sales indicates that business sales activities are robust and suggest economic expansion. Conversely, a decrease in sales indicates a decline in business sales activities, which may suggest an economic slowdown.

This information is vital for policymakers to assess sales trends and formulate appropriate economic policies. It also serves as an important source for businesses and investors to gauge sales trends and make economic forecasts.

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