Merchant Wholesalers, Except Manufacturers' Sales Branches and Offices: Nondurable Goods: Petroleum and Petroleum Products Inventories
I4247IM144NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26,326.00
Year-over-Year Change
-3.11%
Date Range
1/1/1992 - 6/1/2025
Summary
This economic trend measures the inventories of petroleum and petroleum products held by merchant wholesalers, excluding manufacturers' sales branches and offices. It provides insight into the supply and demand dynamics of the wholesale petroleum industry.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Merchant Wholesalers, Except Manufacturers' Sales Branches and Offices: Nondurable Goods: Petroleum and Petroleum Products Inventories series tracks the level of inventories held by wholesale distributors of petroleum and related products. This data is used by economists and policymakers to assess the supply-side conditions in the energy sector.
Methodology
The data is collected through surveys of merchant wholesalers conducted by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by energy analysts and policymakers to understand market imbalances and inform energy policy decisions.
Key Facts
- Petroleum and petroleum products account for a significant portion of total merchant wholesaler inventories.
- Inventory levels are closely watched as an indicator of supply and demand imbalances in the energy market.
- The data is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This trend measures the inventories of petroleum and petroleum products held by merchant wholesalers, excluding manufacturers' sales branches and offices.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the supply and demand dynamics of the wholesale petroleum industry, which is closely monitored by energy analysts and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of merchant wholesalers conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by energy analysts and policymakers to understand market imbalances and inform energy policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Census Bureau, with a typical update delay of 4-6 weeks.
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Citation
U.S. Federal Reserve, Merchant Wholesalers, Except Manufacturers' Sales Branches and Offices: Nondurable Goods: Petroleum and Petroleum Products Inventories (I4247IM144NCEN), retrieved from FRED.