Quantcast

LAX Leader

Monday, September 23, 2024

Miscellaneous nondurable goods wholesalers report 7.5 percent increase in June sales

Adobestock 286468482

Adobe Stock

Adobe Stock

Sales by miscellaneous nondurable goods wholesalers in June were $22.7 billion, an increase of 7.5 percent from the revised May 2020 level, according to a U.S. Census Bureau report which was released in August.

Miscellaneous nondurable goods wholesalers reported total sales of $21.1 billion the previous month.

The data is after adjustment for seasonal variations and trading day differences, but not for price changes.

The Census Bureau conducts a monthly wholesale trade survey in order to provide an up-to-date indication of sales and inventory trends for U.S. merchant wholesalers, excluding manufacturers' sales branches and offices.

The survey is considered to be a reliable measure of current economic activity.

Information requested in the survey includes monthly sales reports, end-of-month inventories, number of establishments covered by the report, and the ending date of the reporting period.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS