Merchant Wholesaler Sales Virtually Unchanged in September
Washington, DC, November 8, 2019-- September 2019 sales of merchant wholesalers were $498.6 billion, virtually unchanged from the revised August level, but were down 0.6% from the September 2018 level, according to the U.S. Census Bureau.
The July 2019 to August 2019 percent change was revised from the preliminary estimate of virtually unchanged to down 0.1%.
Total inventories of merchant wholesalers were $676.7 billion at the end of September, down 0.4% from the revised August level. Total inventories were up 4.8% from the revised September 2018 level. The August 2019 to September 2019 percent change was revised from the advance estimate of down 0.3% to down 0.4%.
The September inventories/sales ratio for merchant wholesalers based on seasonally adjusted data, was 1.36. The September 2018 ratio was 1.29.