Wholesaler Sales Rose 9.8% YOY in November
Washington, DC, January 11, 2018-November 2017 sales of merchant wholesalers were $492.4 billion, up 1.5% from the revised October level and were up 9.8% from the November 2016 level, according to the U.S. Census Bureau.
The September 2017 to October 2017 percent change was revised from the preliminary estimate of up 0.7% to up 0.8%.
Total inventories of merchant wholesalers were $611.0 billion at the end of November, up 0.8% from the revised October level. Total inventories were up 4.0% from the revised November 2016 level. The October 2017 to November 2017 percent change was revised from the advance estimate of up 0.7% to up 0.8%.
The November inventories/sales ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.24. The November 2016 ratio was 1.31.