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March 2012 wholesale revenues were $411.1 billion, up 0.5 percent from February and up 6.5 percent from March 2011, according to the U.S. Census Bureau. March sales of durable goods were down 0.6 percent from last month but up 7.8 percent from a year ago. Sales of nondurable goods were up 1.5 percent from February and were up 5.5 percent from last March. Sales of petroleum and petroleum products were up 2.7 percent from last month.
Inventories. Inventories were $480.4 billion at the end of March, up 0.3 percent from February and up 8.4 percent from March 2011. March inventories of durable goods were up 1 percent from last month and up 10.8 percent from a year ago. Inventories of machinery, equipment and supplies were up 1.6 percent from last month. Inventories of nondurable goods were down 0.6 percent from February but were up 5.1 percent from last March.
Inventories/Sales Ratio. The March inventories/sales ratio for wholesalers was 1.17. The March 2011 ratio was 1.15.
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