Wholesale revenues in September were $448 billion, up 0.5 percent from the revised August level, but down 3.9 percent from September 2014, according to the U.S. Census Bureau.
September sales of durable goods were up 0.7 percent from last month, but were down 0.8 percent from a year ago. Sales of computer and computer peripheral equipment and software were up 3.8 percent from last month and sales of electrical and electronic goods were up 2.8 percent. Sales of nondurable goods were up 0.3 percent from August, but were down 6.7 percent from last September. Sales of drugs and druggists' sundries were up 1.7 percent from last month, while sales of petroleum and petroleum products were down 4.6 percent.
Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations but not for price changes, were $588.1 billion at the end of September, up 0.5 percent from the revised August level and were up 4.7 percent from the September 2014 level.
Inventories of durable were down 0.4 percent from last month, but were up 2.8 percent from a year ago. Inventories of metals and minerals, except petroleum were down 2.2 percent from last month. Inventories of nondurable goods were up 1.9 percent from August and were up 7.7 percent from last September. Inventories of farm product raw materials were up 6.7 percent from last month and inventories of drugs and druggists' sundries were up 4.4 percent.
The September inventories/sales ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.31. The September 2014 ratio was 1.20.
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