The US Census Bureau announced that March 2006 sales of merchant holesalers, except manufacturers' sales branches and offices, after adjustment for seasonal variations and trading-day differences but not for price changes, were $315.0 billion, up 0.7 percent (+/-0.5 percent) from the revised February level and were up 9.9 percent (+/-1.0 percent) from the March 2005 level.
The February preliminary estimate was revised upward $0.7 billion or 0.2 percent. March sales of durable goods increased 0.3 percent (+/-0.8 percent) from last month and were up 9.2 percent (+/-1.3 percent) from a year ago.
Sales of professional and commercial equipment and supplies increased 2.6 percent from last month, while motor vehicle and motor vehicle parts and supplies were down 2.6 percent.
March sales of nondurable goods increased 1.1 percent (+/-0.8 percent) from last month and were up 10.7 percent (+/-1.5 percent) from last year. Sales of farm product raw materials grew 6.4 percent from last month and sales of petroleum and petroleum products increased 3.9 percent.
Inventories Total inventories of merchant wholesalers, except manufacturers' sales branches and offices, after adjustment for seasonal variations but not for price changes, were $366.7 billion at the end of March, up 0.2 percent (+/-0.3 percent) from last month, and were up 6.3 percent (+/-1.0 percent) from a year ago. The February preliminary estimate wasrevised upward $0.3 billion or 0.1 percent.