Wholesale revenues in April were $434.2 billion, down 2.6 percent from April 2015 and up 1 percent from March. April sales of durable goods were up 0.4 percent from last month, but down 1.4 percent from a year ago. Sales of nondurable goods were up 1.5 percent from March, but down 3.8 percent from last April.
Inventories.Inventories were $587.9 billion at the end of April, up 0.6 percent from the revised March level and up 0.9 percent from the April 2015 level. April inventories of durable goods were up 0.2 percent from last month, but down 1.8 percent from a year ago. Inventories of nondurable goods were up 1.3 percent from March and up 5.5 percent from last April.
Inventories/Sales Ratio.The April inventories/sales ratio for merchant wholesalers was 1.35. The April 2015 ratio was 1.31.
