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Sales of merchant wholesalers up 1.8% in March 2007

09
May '07
Sales: The U.S. Census Bureau announced that March 2007 sales of merchant wholesalers, except manufacturers' sales branches and offices, after adjustment for seasonal variations and trading-day differences but not for price changes, were $346.3 billion, up 1.8 percent (+/-0.5%) from the revised February level and were up 8.4 percent (+/-1.3%) from the March 2006 level.

The February preliminary estimate was revised downward $0.6 billion or 0.2 percent. March sales of durable goods were up 2.1 percent (+/-1.0%) from last month and were up 6.6 percent (+/-2.0%) from a year ago. March sales of nondurable goods were up 1.5 percent (+/-0.7%) from last month and were up 10.1 percent (+/-2.0%) from last year.

Inventories: Total inventories of merchant wholesalers, except manufacturers' sales branches and offices, after adjustment for seasonal variations but not for price changes, were $393.2 billion at the end of March, up 0.3 percent (+/-0.3%) from last month and were up 8.1 percent (+/-1.7%) from a year ago.

The February preliminary estimate was revised downward $0.4 billion or 0.1 percent. End-of-month inventories of durable goods were virtually unchanged (+/- 0.3%)* from last month, but were up 7.6 percent (+/-2.3%) from last March. Inventories of furniture and home furnishings increased 2.1 percent from last month, while inventories of machinery, equipment, and supplies decreased 1.3 percent.

End-of-month inventories of nondurable goods increased 0.8 percent (+/-0.7%) from February and were up 9.0 percent (+/-3.5%) compared to last March. Inventories of petroleum and petroleum products were up 3.1 percent from last month and inventories of grocery and related products were up 1.8 percent.

Inventories/Sales Ratio: The March inventories/sales ratio for merchant wholesalers, except manufacturers' sales branches and offices, based on seasonally adjusted data, was 1.14. The March 2006 ratio was 1.14.

US Census Bureau


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