The 2020 Mid-Year Economic Update_long

Monthly U.S. Wholesale Trade: Sales and Inventories for June 2006

June 2006 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 $331.1 billion, up 1.4 percent from the revised May level and were up 13.5 percent from the June 2005 level. The May preliminary estimate was revised upward $0.9 billion or 0.3 percent. June sales of durable goods increased 0.2 percent from last month and were up 10.8 percent from a year ago. June sales of nondurable goods increased 2.6 percent from last month and were up 16.1 percent from last year.

Inventories. Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations but not for price changes, were $378.9 billion at the end of June, up 0.8 percent from last month and were up 8.1 percent from a year ago. The May preliminary estimate was revised upward $0.2 billion or 0.1 percent. End-of-month inventories of durable goods increased 0.5 percent from May and were up 8.4 percent from last June. End-of-month inventories of nondurable goods increased 1.1 percent from May and were up 7.4 percent compared to last June. Inventories of drugs and druggists’ sundries grew 3.0 percent from last month and inventories of grocery and related products increased 2.6 percent.

Inventories/Sales Ratio. The June inventories/sales ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.14. The June 2005 ratio was 1.20.

Click on Related Document below for a breakdown of sales by sector for June 2006.

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