Wholesale trade revenues in June were $425.9 billion, up 0.4 percent from May and were up 5.6 percent from the June 2012 level, according to the U.S. Census Bureau. The May preliminary estimate was revised downward $0.4 billion or 0.1 percent.
June sales of durable goods were up 1.1 percent from last month and were up 5.4 percent from a year ago. Sales of electrical and electronic goods were up 3.7 percent from last month.
Sales of nondurable goods were down 0.2 percent from May, but were up 5.8 percent from last June. Sales of grocery and related products were down 1.8 percent from last month, while sales of petroleum and petroleum products were up 5.3 percent.
Total inventories were $499.7 billion at the end of June, down 0.2 percent from May, but were up 2.9 percent from June 2012. The May preliminary estimate was revised downward $0.4 billion or 0.1 percent.
June inventories of durable goods were virtually unchanged from last month, but were up 4.3 percent from a year ago. Inventories of motor vehicle and motor vehicle parts and supplies were down 1.5 percent from last month, while inventories of computer and computer peripheral equipment and software were up 2.1 percent. Inventories of nondurable goods were down 0.3 percent from May, but were up 0.7 percent from last June.
The June inventories/sales ratio was 1.17. The June 2012 ratio was 1.20.
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