January 8, 2010
Wholesale Sales, Inventories Up
By Brandon Butler
Merchant wholesalers saw sales and total inventories increase in November compared to months earlier, but the levels are still down compared to a year earlier.
Wholesale sales, after adjustment for season variation, were up 3.3 percent to $337 billion, according to the U.S. Census Bureau.
Sales of durable goods in November were up 1.9 percent compared to the month earlier, but were down 4.2 percent from a year earlier.
Inventories of merchant wholesalers, after season adjustment, were up 1.5 percent compared to October, but were down 11 percent from a year earlier.
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