Tuesday, September 9, 2008

Wholesale Trade Sales (July)

July 2008 sales of merchant wholesalers were $410.6 billion, up 16.5 percent from the July 2007 level. A lot of this growth can be explained by rampant inflation we've seen over the past year.

This has had a profound impact on the wholesale business as the composition of sales have been altered. For example, food and petroleum sales now compose 22% of all sales, up from just 16% a year ago, while automotives have been reduced 1.5% to just 6% of sales.

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