July Wholesale Revenues Up 0.8%
July 2007 sales of merchant wholesalers, except manufacturers'sales branches and offices, after adjustment for seasonal variations and trading-day differences but not for price changes, were $359.0 billion, up 0.8 percent from the revised June level and were up 7.2 percent from the July 2006 level. The June preliminary estimate was revised downward $0.7 billion or 0.2 percent.
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July sales of durable goods were virtually unchanged from last month and were up 4.3 percent from a year ago. Compared to last month, sales of lumber and other construction materials were down 3.2 percent. July sales of nondurable goods were up 0.1 percent from last month and were up 10.0 percent from last year. Sales of drugs and druggists' sundries were up 1.4 percent from last month.
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