The 2020 Mid-Year Economic Update_long

April Wholesale Revenues Down 3.3% YOY

Sales of durable goods up 2.4 percent from last April.

Wholesale revenues in April were $448.3 billion, up 1.6 percent from the revised March level, but were down 3.3 percent from April 2014, according to the U.S. Census Bureau.

April sales of durable goods were up 1.2 percent from last month and up 2.4 percent from a year ago. Sales of electrical and electronic goods were up 3.2 percent from last month and sales of motor vehicle and motor vehicle parts and supplies were up 3.2 percent. Sales of nondurable goods were up 2 percent from March, but were down 8.2 percent from last April. Sales of farm product raw materials were up 7.4 percent from last month and sales of petroleum and petroleum products were up 4.9 percent.

Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations but not for price changes, were $576.9 billion at the end of April, up 0.4 percent from the revised March level and were up 4.5 percent from the April 2014 level. Inventories of durable goods were up 0.1 percent from last month and were up 6.6 percent from a year ago. Inventories of lumber and other construction materials were up 3.4 percent from last month, while inventories of computer and computer peripheral equipment and software were down 3.1 percent. Inventories of nondurable goods were up 0.8 percent from March and up 1.1 percent from last April. Inventories of paper and paper products were up 3.9 percent from last month and inventories of apparel, piece goods and notions were up 2.7 percent.

The April inventories/sales ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.29. The April 2014 ratio was 1.19.

For more detail, download the PDF below.

Click Here

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

0

articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.