July 2010 wholesale revenues were $350.1 billion, up 0.6 percent from June and were up 12.7 percent from July 2009. July sales of durable goods were up 0.5 percent from last month and were up 14.8 percent from a year ago. Sales of machinery, equipment, and supplies were up 3.3 percent from last month. Sales of nondurable goods were up 0.6 percent from last month and were up 10.9 percent from last year.

Inventories. Inventories were $405 billion at the end of July, up 1.3 percent from the revised June level and were up 2.5 percent from a year ago. The June preliminary estimate was revised upward $0.8 billion or 0.2 percent. End-of-month inventories of durable goods were up 1 percent from last month, but were virtually unchanged from last July. Inventories of electrical and electronic goods were up 2.1 percent. End-of-month inventories of nondurable goods were up 1.7 percent from June and were up 6.4 percent from last July.

Inventories/Sales Ratio. The July inventories/sales ratio was 1.16. The July 2009 ratio was 1.27.

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