May 2008 sales of merchant wholesalers, except manufacturers’sales branches and offices, were $397.4 billion, up 1.6% from April and up 13.7% from May 2007, according to the U.S. Census Bureau. The April preliminary estimate was revised upward 0.2%. May sales of durable goods were down 0.2% from last month, but were up 7.6% from a year ago.
Compared to last month, furniture and home furnishings were down 4.0%, while sales of metals and minerals, except petroleum were up 2.9%. Sales of nondurable goods were up 3.2% (+/-0.8%) from last month and were up 19.2% from last year. Sales of petroleum and petroleum products were up 7.5% from last month and sales of apparel, piece goods, and notions were up 5.2%.
Inventories
Total inventories of merchant …
May Wholesale Revenues Grow 1.6%
May 2008 sales of merchant wholesalers, except manufacturers’sales branches and offices, were $397.4 billion, up 1.6% from April and up 13.7% from May 2007, according to the U.S. Census Bureau. The April preliminary estimate was revised upward 0.2%. May sales of durable goods were down 0.2% from last month, but were up 7.6% from a year ago.
Compared to last month, furniture and home furnishings were down 4.0%, while sales of metals and minerals, except petroleum were up 2.9%. Sales of nondurable goods were up 3.2% (+/-0.8%) from last month and were up 19.2% from last year. Sales of petroleum and petroleum products were up 7.5% from last month and sales of apparel, piece goods, and notions were up 5.2%.
Inventories
Total inventories of merchant …
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