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In The News:

June Wholesale Revenues Tick Up 0.6% from May

June 2011 wholesale revenues, except manufacturers' sales branches and offices, were $395.8 billion, up 0.6 percent from May and up 15.4 percent from June 2010.

June sales of durable goods were up 1.6 percent from last month and up 10.2 percent from a year ago. Sales of nondurable goods were down 0.2 percent from May and up 19.9 percent from last year.

Inventories were $458.7 billion at the end of June, up 0.6 percent from May and up 15.8 percent from a year ago. Inventories of durable goods were up 1.3 percent from last month and up 12.1 percent from last June. Inventories of nondurable goods were down 0.4 percent from May but up 21.4 percent from last June.

The June inventories/sales ratio was 1.16. The June 2010 ratio was 1.16

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