<H3>• U.S. Monthly Wholesale Trade: Sales and Inventories — June 2015</H3>

Sales. June 2015 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 $449.9 billion, up 0.1 percent (+/-0.7) from the revised May level, but were down 3.8 percent (+/-1.2%) from the June 2014 level.

Inventories. Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations but not for price changes, were $586.2 billion at the end of June, up 0.9 percent (+/-0.4%) from the revised May level and were up 5.4 percent (+/-1.4%) from the June 2014 level.

Inventories/Sales Ratio. The June inventories/sales ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.30. The June 2014 ratio was 1.19.

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NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

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