Merchant wholesaler sales up 0.9% in October YOY
October 2024 sales of merchant wholesalers, except manufacturers’ sales branches and offices, were $675.1 billion, down 0.1% (±0.5%)* from the revised September level, but were up 0.9% (±0.5%) from the revised October 2023 level. (after adjustment for seasonal variations and trading day differences but not for price changes).
The August 2024 to September 2024 percent change was revised from the preliminary estimate of up 0.3% (±0.4%)* to up 0.5% (±0.4%).
Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations and trading day differences, but not for price changes, were $905.0 billion at the end of October, up 0.2% (±0.4%) from the revised September level.
Total inventories were up 0.9% (±0.5%) from the revised October 2023 level. The September 2024 to October 2024 percent change was unrevised from the advance estimate of up 0.2% (±0.4%).
The October inventories/sales ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.34. The October 2023 ratio was 1.34.
INDUSTRIAL SUPPLY MAGAZINE
The November/December issue of Industrial Supply magazine features an in-depth cover story about Kimball Midwest. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and Mike Marks, as well as interviews with numerous product and distribution industry experts.
