July Merchant Wholesaler Sales Up 5.9% YOY

Washington, DC, September 8, 2017- July 2017 sales of merchant wholesalers were $465.1 billion, down 0.1% from the revised June level, but were up 5.9% from the July 2016 level, according to the U.S. Census Bureau.

The May 2017 to June 2017 percent change was revised from the preliminary estimate of up 0.7% to up 0.6%.

Total inventories of merchant wholesalers were $602.4 billion at the end of July, up 0.6% from the revised June level. Total inventories were up 3.3% from the revised July 2016 level. The June 2017 to July 2017 percent change was revised from the advance estimate of up 0.4% to up 0.6%.

The July inventories/sales ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.30. The July 2016 ratio was 1.33.