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January 2011 wholesale revenues, except manufacturers' sales branches and offices, were $387.0 billion, up 3.4 percent from December 2010, and up 15.4 percent from January 2010.
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January sales of durable goods were up 2.3 percent from last month and were up 14.5 percent from a year ago. Compared to last month, sales of motor vehicle and motor vehicle parts and supplies were up 7.8 percent and sales of electrical and electronic goods were up 3.4 percent. Sales of nondurable goods were up 4.4 percent from last month and were up 16.2 percent from last year.
Inventories were $436.9 billion at the end of January, up 1.1 percent from December and up 11.9 percent from a year ago. End-of-month inventories of durable goods were up 1.1 percent from last month and up 9.4 percent from last January. Inventories of nondurable goods increased 1.2 percent from December and were up 15.7 percent compared to last January.
The January inventories/sales ratio was 1.13. The January 2010 ratio was 1.16.
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