Sales
September 2024 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 $674.8 billion, up 0.3 percent (±0.4 percent)* from the revised August level, but were down 0.4 percent (±0.9 percent)* from the revised September 2023 level. The July 2024 to August 2024 percent change was revised from the preliminary estimate of down 0.1 percent (±0.4 percent)* to up 0.2 percent (±0.4 percent)*.
Inventories
Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations and trading day differences, but not for price changes, were $903.7 billion at the end of September, down 0.2 percent (±0.2 percent)* from the revised August level. Total inventories were up 0.3 percent (±0.5 percent)* from the revised September 2023 level. The August 2024 to September 2024 percent change was revised from the advance estimate of down 0.1 percent (±0.2 percent)* to down 0.2 percent (±0.2 percent)*.
Inventories/Sales Ratio
The September inventories/sales ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.34. The September 2023 ratio was 1.33.
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* The 90 percent confidence interval includes zero. There is insufficient evidence to conclude that the actual change is different from zero.
