“Total inventories of merchant wholesalers were $636.3 billion at the end of July, up 0.6 percent from the revised June level,” the U.S. Census Bureau announced today.
Key takeaways from the press release
- July 2018 sales of merchant wholesalers were $505.6 billion, virtually unchanged from the revised June level, but were up 9.8 percent from the July 2017 level.
- The July inventories/sales ratio for merchant wholesalers was 1.26. The July 2017 ratio was 1.32.
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