Wholesale revenues in December were $494.4 billion, up 0.5% over December 2018 and down 0.7% over November. December sales of durable goods were down 1.9% over last month and down 4.0% from a year ago. Sales of nondurable goods were up 0.4% over November and up 4.8% from last December.
Inventories were $674.5 billion at the end of December, down 0.2% from the revised November level and up 2.1% from last year. December inventories of durable goods were down 0.3% from last month and up 1.2% from a year ago. Inventories of nondurable goods were flat over November and up 3.7% from last December.
Inventories/Sales Ratio. The December inventories/sales ratio for merchant wholesalers was 1.36. The December 2018 ratio was 1.34.
