• U.S. Wholesale Trade – July 2012

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Sales: July 2012 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 $402.4 billion, down 0.1 percent (+/-0.4) from the revised June level, but were up 2.7 percent (+/-0.7%) from the July 2011 level. Inventories: Total inventories of merchant wholesalers were $485.2 billion at the end of July, up 0.7 percent (+/-0.4%) from the revised June level and were up 5.3 percent (+/-1.1%) from the July 2011 level. Inventories/Sales Ratio: The July inventories/sales ratio was 1.21. The July 2011 ratio was 1.18. Source: USDOC

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