September Wholesale Revenues Up 5.2% YOY - Modern Distribution Management

September Wholesale Revenues Up 5.2% YOY

Sales of durable goods climbed 5.1 percent from last September.

Wholesale revenues in September were $454.3 billion, up 0.2 percent from the revised August level and up 5.2 percent from September 2013, according to the U.S. Census Bureau.

September sales of durable goods were up 0.5 percent from last month and up 5.4 percent from a year ago. Sales of hardware and plumbing and heating equipment and supplies were up 4.8 percent from last month, and sales of lumber and other construction materials were up 1.8 percent.

Sales of nondurable goods were down 0.1 percent from August, but were up 5.1 percent from last September. Sales of paper and paper products were down 2.6 percent from last month, while sales of apparel, piece goods and notions were up 4 percent.

Total inventories were $538.8 billion at the end of September, up 0.3 percent from the revised August level and up 7.4 percent from September 2013. September inventories of durable goods were up 0.8 percent from last month and up 9 percent from a year ago. Inventories of computer and computer peripheral equipment and software were up 3.4 percent from last month, and inventories of metals and minerals, except petroleum, were up 1.8 percent.

Inventories of nondurable goods were down 0.6 percent from August, but were up 4.9 percent from last September. Inventories of petroleum and petroleum products were down 5.3 percent from last month, and inventories of farm product raw materials were down 3 percent.

The September inventories/sales ratio for merchant wholesalers was 1.19. The September 2013 ratio was 1.16.

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