January 2012 wholesale revenues, except manufacturers’ sales branches and offices, were $413.1 billion, down 0.1 percent from December but up 7.9 percent from January 2011.
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January sales of durable goods were down 0.2 percent from last month but up 10.2 percent from a year ago. Sales of metals and minerals, except petroleum, were down 3 percent from last month, while sales of computer and computer peripheral equipment and software were up 1.7 percent.
Sales of nondurable goods were down 0.1 percent from December but up 6.1 percent from last January. Sales of paper and paper products were down 3.1 percent from last month.
Inventories were $475.5 billion at the end of January, up 0.4 percent from December and up 9.4 percent from the January 2011 level. January inventories of durable goods were up 0.8 percent from last month and up 10.7 percent from a year ago. Inventories of machinery, equipment and supplies were up 1.2 percent from last month.
Inventories of nondurable goods were down 0.2 percent from last month and up 7.6 percent from a year ago. Inventories of chemicals and allied products were down 2.8 percent from last month.
The January inventories/sales ratio for wholesalers was 1.15. The January 2011 ratio was 1.14.
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