Wholesale trade revenues in July were $426.1 billion, up 0.1 percent from June and up 5.7 percent from July 2012, according to the U.S. Census Bureau. The June preliminary estimate was revised downward $100 million.
July sales of durable goods were down 0.6 percent from last month but up 4.8 percent from a year ago. Sales of motor vehicle and motor vehicle parts and supplies were down 3.1 percent from the prior month.
Sales of nondurable goods were up 0.7 percent from June and up 6.4 percent from last July. Sales of beer, wine and distilled alcoholic beverages were up 2.1 percent from last month and sales of petroleum and petroleum products were up 1.9 percent.
Total inventories of merchant wholesalers were $500 billion at the end of July, up 0.1 percent from the revised June level and up 2.2 percent from July 2012. The June preliminary estimate was revised downward $0.2 billion.
July inventories of durable goods were up 0.6 percent from last month and up 4.5 percent from a year ago. Inventories of machinery, equipment and supplies were up 1.2 percent from last month and inventories of metals and minerals, except petroleum, were up 0.8 percent.
Inventories of nondurable goods were down 0.8 percent from June and down 1.3 percent from last July. Inventories of farm product raw materials were down 10.1 percent from last month.
The July inventories/sales ratio was 1.17. The July 2012 ratio was 1.21.
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