The 2020 Mid-Year Economic Update_long

July Wholesale Revenues Up 0.8%

July 2007 sales of merchant wholesalers, except manufacturers'sales branches and offices, after adjustment for seasonal variations and trading-day differences but not for price changes, were $359.0 billion, up 0.8 percent from the revised June level and were up 7.2 percent from the July 2006 level. The June preliminary estimate was revised downward $0.7 billion or 0.2 percent.
&nbsp ;
July sales of durable goods were virtually unchanged from last month and were up 4.3 percent from a year ago. Compared to last month, sales of lumber and other construction materials were down 3.2 percent. July sales of nondurable goods were up 0.1 percent from last month and were up 10.0 percent from last year. Sales of drugs and druggists' sundries were up 1.4 percent from last month.
&nbsp ; ...

July 2007 sales of merchant wholesalers, except manufacturers’sales branches and offices, after adjustment for seasonal variations and trading-day differences but not for price changes, were $359.0 billion, up 0.8 percent from the revised June level and were up 7.2 percent from the July 2006 level. The June preliminary estimate was revised downward $0.7 billion or 0.2 percent.
&nbsp ;
July sales of durable goods were virtually unchanged from last month and were up 4.3 percent from a year ago. Compared to last month, sales of lumber and other construction materials were down 3.2 percent. July sales of nondurable goods were up 0.1 percent from last month and were up 10.0 percent from last year. Sales of drugs and druggists’ sundries were up 1.4 percent from last month.
&nbsp ;
Inventories
Total inventories of merchant wholesalers, except manufacturers’sales branches and offices, after adjustment for seasonal variations but not for price changes, were $398.8 billion at the end of July, up 0.2 percent from the revised June level and were up 5.5 percent from a year ago. The June preliminary estimate was revised downward $0.6 billion or 0.2 percent.
&nbsp ;
End-of-month inventories of durable goods were down 0.5 percent (+/-0.5%)* from last month and were up 2.1 percent from last July. Inventories of motor vehicle and motor vehicle parts and supplies were down 1.7 percent from last month and inventories of metals and minerals, except petroleum, were down 1.6 percent.
&nbsp ;
End-of-month inventories of nondurable goods increased 1.5 percent from June and were up 11.5 percent compared to last July. Inventories of farm product raw materials were up 7.5 percent and inventories of chemicals and allied products increased 3.0 percent from last month.
&nbsp ;
Inventories/Sales Ratio
&nbsp ; The July inventories/sales ratio for merchant wholesalers, except manufacturers’sales branches and offices, based on seasonally adjusted data, was 1.11. The July 2006 ratio was 1.13.

Details by sector here

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.

0

articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.