Wholesale revenues in September were $498.6 billion, down 0.6% over September 2018 and flat over August. September sales of durable goods were up 0.1% over last month and down 1.4% from a year ago. Sales of nondurable goods were flat over August and up 0.1% from last September.
Inventories were $676.7 billion at the end of September, down 0.4% from the revised August level and up 4.8% from last year. September inventories of durable goods were down 0.1% from last month and up 6.9% from a year ago. Inventories of nondurable goods were down 0.9% from August and up 1.6% from last July.
Inventories/Sales Ratio. The September inventories/sales ratio for merchant wholesalers was 1.36. The September 2018 ratio was 1.29