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March 2011 sales of merchant wholesalers, except manufacturers’ sales branches and offices, were $392 billion, up 2.9 percent from February and up 15.4 percent from March 2010. March sales of durable goods were up 2.3 percent from last month and up 13.6 percent from a year ago. Sales of lumber and other construction materials were up 7.3 percent from last month. Sales of nondurable goods were up 3.4 percent from last month and up 16.8 percent from March 2010.
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Inventories. Inventories of wholesalers were $442.9 billion at the end of March, up 1.1 percent from February and up 13.3 percent from a year ago. End-of-month inventories of durable goods were up 0.4 percent from last month, and up 8.8 percent from last March. Inventories of machinery, equipment and supplies were up 2.3 percent from last month. Inventories of nondurable goods were up 2 percent from February and 19.9 percent from last March.
Inventories/Sales Ratio. The March inventories/sales ratio was 1.13. The March 2010 ratio was 1.15.
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