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Wholesale trade revenues for January were $415.4 billion, down 0.8 percent from December but up 3 percent from January 2012, according to the U.S. Census Bureau.
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January sales of durable goods were up 0.7 percent from the prior month and were up 2.3 percent from a year ago. Sales of hardware and plumbing and heating equipment and supplies were up 3.2 percent from last month.
Sales of nondurable goods were down 2.1 percent from December, but were up 3.6 percent from last January. Sales of farm product raw materials were down 7.2 percent from last month and sales of petroleum and petroleum products were down 4.5 percent.
Total inventories of merchant wholesalers were $504.4 billion at the end of January, up 1.2 percent from the revised December level and up 6.5 percent from the January 2012 level. January inventories of durable goods were up 1.1 percent from the prior month and were up 8.3 percent from a year ago. Inventories of lumber and other construction materials were up 3.4 percent from last month and inventories of computer and computer peripheral equipment and software were up 3.2 percent.
Inventories of nondurable goods were up 1.2 percent from December and were up 4 percent from last January. Inventories of drugs and druggists' sundries were up 6.2 percent from last month and inventories of grocery and related products were up 2.1 percent.
The January inventories/sales ratio for merchant wholesalers was 1.21.
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