Merchant Wholesaler Sales Rose 2.7% YOY in April
Washington, DC, June 7, 2019-April 2019 sales of merchant wholesalers were $503.1 billion, down 0.4% from the revised March level, but were up 2.7% from the April 2018 level, the U.S. Census Bureau announced.
The February 2019 to March 2019 percent change was revised from the preliminary estimate of up 2.3% to up 1.8%.
Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations but not for price changes, were $675.5 billion at the end of April, up 0.8% from the revised March level. Total inventories were up 7.6% from the revised April 2018 level. The March 2019 to April 2019 percent change was revised from the advance estimate of up 0.7% to up 0.8%.
The April inventories/sales ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.34. The April 2018 ratio was 1.28.