March 2009 sales of merchant wholesalers were $310.9 billion, down 2.4 percent from the revised February level and were down 18.1 percent from the March 2008 level, according to the U.S. Census Bureau. The February preliminary estimate was revised downward $1.2 billion or 0.4 percent.
March sales of durable goods were down 3.3 percent from last month and were down 19.6 percent from a year ago. Sales of metals and minerals, except petroleum, were down 10.6 percent from last month and sales of electrical and electronic goods were down 5.9 percent.
Sales of nondurable goods were down 1.6 percent from last month and were down 16.9 percent from last year. Sales of petroleum and petroleum products were down 5.1 percent from last month and sales of chemicals and allied products were down 5.0 percent.
Total inventories of merchant wholesalers were $411.7 billion at the end of March, down 1.6 percent from the revised February level and were down 3.5 percent from a year ago. The February preliminary estimate was revised downward $0.8 billion or 0.2 percent.
End-of-month inventories of durable goods were down 2.4 percent from last month and were down 2.4 percent from last March. Inventories of metals and minerals, except petroleum, were down 7.0 percent from last month and inventories of motor vehicle and motor vehicle parts and supplies were down 5.0 percent.
End-of-month inventories of nondurable goods decreased 0.3 percent from February and were down 5.2 percent compared to last March. Inventories of chemicals and allied products were down 6.0 percent from last month, while inventories of petroleum and petroleum products were up 7.9 percent.
The March inventories/sales ratio for merchant wholesalers was 1.32. The March 2008 ratio was 1.12.
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March Wholesale Revenues Decrease 1.6%
March 2009 sales of merchant wholesalers were $310.9 billion, down 2.4 percent from the revised February level and were down 18.1 percent from the March 2008 level, according to the U.S. Census Bureau. The February preliminary estimate was revised downward $1.2 billion or 0.4 percent.
March sales of durable goods were down 3.3 percent from last month and were down 19.6 percent from a year ago. Sales of metals and minerals, except petroleum, were down 10.6 percent from last month and sales of electrical and electronic goods were down 5.9 percent.
Sales of nondurable goods were down 1.6 percent from last month and were down 16.9 percent from last year. Sales of petroleum and petroleum products were down 5.1 percent from last month and sales of chemicals and ...
March sales of durable goods were down 3.3 percent from last month and were down 19.6 percent from a year ago. Sales of metals and minerals, except petroleum, were down 10.6 percent from last month and sales of electrical and electronic goods were down 5.9 percent.
Sales of nondurable goods were down 1.6 percent from last month and were down 16.9 percent from last year. Sales of petroleum and petroleum products were down 5.1 percent from last month and sales of chemicals and ...
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