The U.S. Census Bureau announced the seasonally adjusted quarterly after-tax profits for manufacturing industries statistics for the first quarter of 2022, and wholesale trade has seen a rise from 4Q 2021 to the first quarter of 2022. 

Wholesale trade corporations’ seasonally adjusted sales for the quarter totaled $933.7 billion, up $55.5 (±14.5) billion from the $878.2 billion recorded in the fourth quarter of 2021, and up $154.6 (±21.8) billion from the $779.1 billion recorded in the first quarter of 2021. The Census did not include information on seasonally adjusted after-tax profits for wholesale trade.

Here’s a breakdown of the rest of the bureau’s quarterly report as it relates to durable and nondurable goods manufacturers:

• U.S. manufacturing corporations’ seasonally adjusted after-tax profits in the first quarter of 2022 totaled $261.9 billion, down $2.8 (±0.9) billion from the after-tax profits of $264.6 billion recorded in the fourth quarter of 2021, but up $38.5 (±1.6) billion from the after-tax profits of $223.4 billion recorded in the first quarter of 2021. Seasonally adjusted sales for the quarter totaled $2.027 trillion, up $93.8 (±11.8) billion from the $1.933 trillion recorded in the fourth quarter of 2021, and up $322.4 (±24.3) billion from the $1.704 trillion recorded in the first quarter of 2021.
• Nondurable goods manufacturers’ seasonally adjusted after-tax profits in the first quarter of 2022 totaled $118.8 billion, down $1.5 (±0.6) billion from the after-tax profits of $120.3 billion recorded in the fourth quarter of 2021, but up $28.6 (±0.5) billion from the after-tax profits of $90.2 billion recorded in the first quarter of 2021. Seasonally adjusted sales for the quarter totaled $1.034 trillion, up $57.3 (±7.4) billion from the $976.3 billion recorded in the fourth quarter of 2021, and up $231.6 (±8.5) billion from the $802.0 billion recorded in the first quarter of 2021.
• Durable goods manufacturers’ seasonally adjusted after-tax profits in the first quarter of 2022 totaled $143.0 billion, down $1.3 (±0.5) billion from the after-tax profits of $144.4 billion recorded in the fourth quarter of 2021, but up $9.8 (±1.2) billion from the after-tax profits of $133.2 billion recorded in the first quarter of 2021. Seasonally adjusted sales for the quarter totaled $992.9 billion, up $36.5 (±5.4) billion from the $956.4 billion recorded in the fourth quarter of 2021, and up $90.8 (±16.6) billion from the $902.0 billion recorded in the first quarter of 2021.