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May Wholesale Revenues Down 0.8% from April

July 11, 2012
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May 2012 wholesale revenues were $409.6 billion, down 0.8 percent from April but up 5.7 percent from May 2011, according to the U.S. Census Bureau. May sales of durable goods were up 0.6 percent from last month and up 9 percent from a year ago.

Sales of nondurable goods were down 1.9 percent from April but up 3.2 percent from last May.

Inventories of wholesalers were $484.1 billion at the end of May, up 0.3 percent from April and up 6.4 percent from May 2011. May inventories of durable goods were up 0.6 percent from last month and up 10.1 percent from a year ago.

Inventories of machinery, equipment and supplies were up 1.4 percent from last month, and inventories of motor vehicle and motor vehicle parts and supplies were up 1.3 percent.

Inventories of nondurable goods were down 0.2 percent in May from April but up 1.4 percent from last May.

The May inventories/sales ratio for wholesalers was 1.18. The May 2011 ratio was 1.17.

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