The 2020 Mid-Year Economic Update_long

Monthly Wholesale Trade Data: November 2019

Workers In Warehouse Preparing Goods For Dispatch

Wholesale revenues in November were $500.7 billion, up 0.8% from November 2018 and up 1.5% over October. November sales of durable goods were up 0.9% over last month and down 1.1% from a year ago. Sales of nondurable goods were up 2% over October and up 2.6% over last November.

Inventories were $674.9 billion at the end of November, down 0.1% from the revised October level and up 3.3% from last year. November inventories of durable goods were down 0.3% from last month and up 3.4% from a year ago. Inventories of nondurable goods were up 0.3% from October and up 3.1% from last November.

Inventories/Sales Ratio. The November inventories/sales ratio for merchant wholesalers was 1.35. The November 2018 ratio was 1.32.

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