Sales
February 2002 sales of merchant wholesalers, after adjustment for seasonal variations and trading-day differences but not for price changes, were $227.0 billion, up 0.8 percent (+/-0.5%) from the revised January level, but were down 2.3 percent (+/-1.5%) from the February 2001 level. The January preliminary estimate was revised upward $0.1 billion or 0.1 percent. February sales of durable goods increased 0.8 percent (+/-0.8%) from last month, but were 3.4 percent (+/-2.4%) below a year ago. Compared to last month, sales of lumber and other construction materials were up 4.3 percent and motor vehicle and motor vehicle parts and supplies increased 1.6 percent. February sales of nondurable goods increased 0.8 percent (+/-0.7%) from January, but were down 1.2 percent (+/-1.8%) from last year. Sales of beer, wine, and distilled alcoholic beverages increased 2.8 percent, while petroleum and petroleum products decreased 2.9 percent.Inventories
Total inventories of merchant wholesalers, after adjustment for seasonal variations but not for price changes, were $285.1 billion at the end of February, down 0.7 percent (+/-0.3%) from last month, and were down 5.8 percent (+/-2.4%) from a year ago. The January preliminary estimate was revised downward $0.7 billion or 0.2 percent. End-of-month inventories of durable goods were down 0.9 percent (+/-0.4%) from January and decreased 10.8 percent (+/-2.2%) from last February. Compared to last month, inventories of machinery, equipment, and supplies fell 1.3 percent, and motor vehicle and motor vehicle parts and supplies decreased 1.2 percent. Among nondurable goods, paper and paper products declined 1.1 percent from last month.Inventories/Sales Ratio
The February inventories/sales ratio for merchant wholesalers, based on seasonally adjusted data,was 1.26. The February 2001 ratio was 1.30. SOURCE: Monthly Wholesale Trade Sales and Inventories-- February (For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington D.C. 20402. Postage stamps not acceptable; currency submitted at sender's risk. Annual subscription $17.00; single copy $1.50. Remittances from foreign countries must be by international money order or by draft on a U.S. bank, $21.25 per year.) Questions concerning this report should be directed to Mr. Scott Scheleur (301) 457-2747/2764.
Table 1A - Adjusted Estimated Monthly Sales Table 1B - Unadjusted Estimated Monthly Sales Table 2A - Adjusted Percent Changes Table 2B - Unadjusted Percent Changes
TABLE 1A. ADJUSTED ESTIMATED MONTHLY SALES, INVENTORIES, AND INVENTORIES/SALES RATIOS OF MERCHANT WHOLESALERS: 2002 AND 2001
(In Millions of dollars) 2002 2002 2001 NAICS Kind of business Feb(p) Jan(r) Feb(r) code Sales, Total....................................... 227031 225330 232417 421 Durable Goods....................................... 113886 113034 117949 4211 Motor Vehicle and Motor Vehicle Parts and Supplies..... 17146 16873 16346 4212 Furniture and Home furnishings......................... 3498 3578 3811 4213 Lumber & Other Construction Materials.................. 6965 6677 6042 4214 Professional and Commercial Equipment and Supplies..... 22064 22188 22662 42143 Computer & Computer Peripheral Equipment and Software. 11621 11854 12873 4215 Metals and Minerals, ex. Petroleum..................... 7055 7169 8119 4216 Electrical Goods....................................... 17535 17418 19189 4217 Hardware, Plumbing and Heating Equipment and Supplies.. 5481 5406 5312 4218 Machinery, Equipment and Supplies...................... 20553 20481 22504 4219 Miscellaneous Durable Goods............................ 13589 13244 13964 422 Nondurable Goods..................................... 113145 112296 114468 4221 Paper and Paper Products............................... 6058 6064 6554 4222 Drugs and Druggists' Sundries.......................... 17780 17310 15020 4223 Apparel, Piece Goods, and Notions...................... 7369 7188 7435 4224 Groceries and Related Products......................... 35457 34984 33364 4225 Farm Product Raw Materials............................. 8446 8564 9585 4226 Chemicals and Allied Products.......................... 4995 4942 5097 4227 Petroleum and Petroleum Products....................... 11084 11418 14921 4228 Beer, Wine and Distilled Alcoholic Beverages........... 6594 6412 6216 4229 Miscellaneous Nondurable Goods......................... 15362 15414 16276 Inventories, Total.................................. 285117 286987 302657 421 Durable Goods....................................... 171600 173163 192438 4211 Motor Vehicle and Motor Vehicle Parts and Supplies..... 23827 24124 26185 4212 Furniture and Home furnishings......................... 5332 5324 5907 4213 Lumber & Other Construction Materials.................. 6660 6676 6613 4214 Professional and Commercial Equipment and Supplies..... 22446 22704 26235 42143 Computer & Computer Peripheral Equipment and Software. 8450 8389 10770 4215 Metals and Minerals, ex. Petroleum..................... 11991 12032 13848 4216 Electrical Goods....................................... 24068 24260 29949 4217 Hardware, Plumbing and Heating Equipment and Supplies.. 10534 10596 10771 4218 Machinery, Equipment and Supplies...................... 46396 46986 49920 4219 Miscellaneous Durable Goods............................ 20346 20461 23010 422 Nondurable Goods..................................... 113517 113824 110219 4221 Paper and Paper Products............................... 6020 6088 6959 4222 Drugs and Druggists' Sundries.......................... 28198 28189 22141 4223 Apparel, Piece Goods, and Notions...................... 12189 12303 12686 4224 Groceries and Related Products......................... 21263 21348 21808 4225 Farm Product Raw Materials............................. 10259 10120 10991 4226 Chemicals and Allied Products.......................... 5807 5809 5578 4227 Petroleum and Petroleum Products....................... 4582 4592 4339 4228 Beer, Wine and Distilled Alcoholic Beverages........... 7010 6996 6643 4229 Miscellaneous Nondurable Goods......................... 18189 18379 19074 Inventories/Sales Ratios, Total...................... 1.26 1.27 1.30 421 Durable Goods....................................... 1.51 1.53 1.63 4211 Motor Vehicle and Motor Vehicle Parts and Supplies..... 1.39 1.43 1.60 4212 Furniture and Home furnishings......................... 1.52 1.49 1.55 4213 Lumber & Other Construction Materials.................. 0.96 1.00 1.09 4214 Professional and Commercial Equipment and Supplies..... 1.02 1.02 1.16 42143 Computer & Computer Peripheral Equipment and Software. 0.73 0.71 0.84 4215 Metals and Minerals, ex. Petroleum..................... 1.70 1.68 1.71 4216 Electrical Goods....................................... 1.37 1.39 1.56 4217 Hardware, Plumbing and Heating Equipment and Supplies.. 1.92 1.96 2.03 4218 Machinery, Equipment and Supplies...................... 2.26 2.29 2.22 4219 Miscellaneous Durable Goods............................ 1.50 1.54 1.65 422 Nondurable Goods..................................... 1.00 1.01 0.96 4221 Paper and Paper Products............................... 0.99 1.00 1.06 4222 Drugs and Druggists' Sundries.......................... 1.59 1.63 1.47 4223 Apparel, Piece Goods, and Notions...................... 1.65 1.71 1.71 4224 Groceries and Related Products......................... 0.60 0.61 0.65 4225 Farm Product Raw Materials............................. 1.21 1.18 1.15 4226 Chemicals and Allied Products.......................... 1.16 1.18 1.09 4227 Petroleum and Petroleum Products....................... 0.41 0.40 0.29 4228 Beer, Wine and Distilled Alcoholic Beverages........... 1.06 1.09 1.07 4229 Miscellaneous Nondurable Goods......................... 1.18 1.19 1.17 (r) REVISED. (p) PRELIMINARY ESTIMATE. SEE SAMPLE DESIGN AND ESTIMATION PROCEDURES IN ANNUAL BENCHMARK REPORT FOR WHOLESALE TRADE: JANUARY 1992-MARCH 2001. SOURCE: Monthly Wholesale Trade Sales and Inventories-- February (For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington D.C. 20402. Postage stamps not acceptable; currency submitted at sender's risk. Annual subscription $17.00; single copy $1.50. Remittances from foreign countries must be by international money order or by draft on a U.S. bank, $21.25 per year.) Questions concerning this report should be directed to Mr. Scott Scheleur (301) 457-2747/2764.TABLE 2A. PERCENT CHANGES IN SALES AND INVENTORIES OF MERCHANT WHOLESALERS
ADJUSTED(1) INVENTORIES, SALES END-OF-MONTH (AT COST) NAICS Kind of business code Feb Jan Feb Feb Jan Feb 2002 2002 2002 2002 2002 2002 from from from from from from Jan Dec Feb Jan Dec Feb 2002 2001 2001 2002 2001 2001 TOTAL.............................................. 0.8 1.2 -2.3 -0.7 -0.5 -5.8 421 Durable Goods....................................... 0.8 1.3 -3.4 -0.9 -0.7 -10.8 4211 Motor Vehicle and Motor Vehicle Parts and Supplies..... 1.6 1.7 4.9 -1.2 -1.5 -9.0 4212 Furniture and Home Furnishings......................... -2.2 3.9 -8.2 0.2 -1.3 -9.7 4213 Lumber & Other Construction Materials.................. 4.3 4.5 15.3 -0.2 0.0 0.7 4214 Professional and Commercial Equipment and Supplies..... -0.6 0.5 -2.6 -1.1 -0.3 -14.4 42143 Computer & Computer Peripheral Equipment and Software. -2.0 -1.8 -9.7 0.7 -0.0 -21.5 4215 Metals and Minerals, ex. Petroleum..................... -1.6 2.2 -13.1 -0.3 -1.4 -13.4 4216 Electrical Goods....................................... 0.7 1.5 -8.6 -0.8 -1.3 -19.6 4217 Hardware, Plumbing and Heating Equipment and Supplies.. 1.4 1.6 3.2 -0.6 -0.0 -2.2 4218 Machinery, Equipment and Supplies...................... 0.4 -1.5 -8.7 -1.3 -0.3 -7.1 4219 Miscellaneous Durable Goods............................ 2.6 3.9 -2.7 -0.6 -0.2 -11.6 422 Nondurable Goods..................................... 0.8 1.2 -1.2 -0.3 -0.2 3.0 4221 Paper and Paper Products............................... -0.1 -1.0 -7.6 -1.1 -1.3 -13.5 4222 Drugs and Druggists' Sundries.......................... 2.7 0.2 18.4 0.0 -0.9 27.4 4223 Apparel, Piece Goods, and Notions...................... 2.5 0.3 -0.9 -0.9 0.2 -3.9 4224 Groceries and Related Products......................... 1.4 1.5 6.3 -0.4 0.3 -2.5 4225 Farm Product Raw Materials............................. -1.4 2.2 -11.9 1.4 0.6 -6.7 4226 Chemicals and Allied Products.......................... 1.1 3.2 -2.0 -0.0 -0.2 4.1 4227 Petroleum and Petroleum Products....................... -2.9 2.8 -25.7 -0.2 4.0 5.6 4228 Beer, Wine and Distilled Alcoholic Beverages........... 2.8 -3.1 6.1 0.2 2.1 5.5 4229 Miscellaneous Nondurable Goods......................... -0.3 2.3 -5.6 -1.0 -1.9 -4.6 (1) ADJUSTED FOR SEASONAL VARIATION AND, IN THE CASE OF SALES, ALSO TRADING-DAY DIFFERENCES. SOURCE: Monthly Wholesale Trade Sales and Inventories-- February (For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington D.C. 20402. Postage stamps not acceptable; currency submitted at sender's risk. Annual subscription $17.00; single copy $1.50. Remittances from foreign countries must be by international money order or by draft on a U.S. bank, $21.25 per year.) Questions concerning this report should be directed to Mr. Scott Scheleur (301) 457-2747/2764.TABLE 1B. UNADJUSTED ESTIMATED MONTHLY SALES, INVENTORIES, AND INVENTORIES/SALES RATIOS OF MERCHANT WHOLESALERS: 2002 AND 2001
(In Millions of dollars) 2002 2002 2001 2002 2001 NAICS Kind of business Feb(p) Jan(r) Feb(r) CUM CUM code Sales, Total....................................... 207560 217031 212467 424591 437173 421 Durable Goods....................................... 103142 105899 106786 209041 217612 4211 Motor Vehicle and Motor Vehicle Parts and Supplies..... 15517 15523 14744 31040 29906 4212 Furniture and Home furnishings......................... 3131 3306 3411 6437 6928 4213 Lumber & Other Construction Materials.................. 5927 5916 5124 11843 10389 4214 Professional and Commercial Equipment and Supplies..... 19659 20857 20192 40516 41432 42143 Computer & Computer Peripheral Equipment and Software. 10203 11202 11354 21405 23739 4215 Metals and Minerals, ex. Petroleum..................... 6639 7205 7664 13844 15666 4216 Electrical Goods....................................... 16080 16582 17577 32662 36401 4217 Hardware, Plumbing and Heating Equipment and Supplies.. 5004 5136 4813 10140 9836 4218 Machinery, Equipment and Supplies...................... 18683 19150 20456 37833 41257 4219 Miscellaneous Durable Goods............................ 12502 12224 12805 24726 25797 422 Nondurable Goods..................................... 104418 111132 105681 215550 219561 4221 Paper and Paper Products............................... 5549 6100 5997 11649 12642 4222 Drugs and Druggists' Sundries.......................... 16589 18418 13999 35007 30055 4223 Apparel, Piece Goods, and Notions...................... 7597 6994 7658 14591 14926 4224 Groceries and Related Products......................... 32089 33795 30194 65884 62427 4225 Farm Product Raw Materials............................. 8201 9549 9259 17750 19677 4226 Chemicals and Allied Products.......................... 4720 4972 4817 9692 9842 4227 Petroleum and Petroleum Products....................... 10352 11601 13951 21953 30046 4228 Beer, Wine and Distilled Alcoholic Beverages........... 5480 5245 5141 10725 10167 4229 Miscellaneous Nondurable Goods......................... 13841 14458 14665 28299 29779 Inventories, Total.................................. 285808 290528 304107 421 Durable Goods....................................... 171001 171875 192075 4211 Motor Vehicle and Motor Vehicle Parts and Supplies..... 24613 24365 27075 4212 Furniture and Home furnishings......................... 5199 5212 5759 4213 Lumber & Other Construction Materials.................. 6633 6576 6580 4214 Professional and Commercial Equipment and Supplies..... 22334 22818 26156 42143 Computer & Computer Peripheral Equipment and Software. 8416 8448 10738 4215 Metals and Minerals, ex. Petroleum..................... 11943 12008 13834 4216 Electrical Goods....................................... 23875 24211 29799 4217 Hardware, Plumbing and Heating Equipment and Supplies.. 10460 10448 10706 4218 Machinery, Equipment and Supplies...................... 45700 45858 49271 4219 Miscellaneous Durable Goods............................ 20244 20379 22895 422 Nondurable Goods..................................... 114807 118653 112032 4221 Paper and Paper Products............................... 5912 6070 6827 4222 Drugs and Druggists' Sundries.......................... 27662 29824 21831 4223 Apparel, Piece Goods, and Notions...................... 12165 12721 12673 4224 Groceries and Related Products......................... 20816 21284 21372 4225 Farm Product Raw Materials............................. 11849 12549 12695 4226 Chemicals and Allied Products.......................... 5795 5745 5578 4227 Petroleum and Petroleum Products....................... 4559 4597 4300 4228 Beer, Wine and Distilled Alcoholic Beverages........... 6751 6583 6404 4229 Miscellaneous Nondurable Goods......................... 19298 19280 20352 Inventories/Sales Ratios, Total...................... 1.38 1.34 1.43 421 Durable Goods....................................... 1.66 1.62 1.80 4211 Motor Vehicle and Motor Vehicle Parts and Supplies..... 1.59 1.57 1.84 4212 Furniture and Home furnishings......................... 1.66 1.58 1.69 4213 Lumber & Other Construction Materials.................. 1.12 1.11 1.28 4214 Professional and Commercial Equipment and Supplies..... 1.14 1.09 1.30 42143 Computer & Computer Peripheral Equipment and Software. 0.82 0.75 0.95 4215 Metals and Minerals, ex. Petroleum..................... 1.80 1.67 1.81 4216 Electrical Goods....................................... 1.48 1.46 1.70 4217 Hardware, Plumbing and Heating Equipment and Supplies.. 2.09 2.03 2.22 4218 Machinery, Equipment and Supplies...................... 2.45 2.39 2.41 4219 Miscellaneous Durable Goods............................ 1.62 1.67 1.79 422 Nondurable Goods..................................... 1.10 1.07 1.06 4221 Paper and Paper Products............................... 1.07 1.00 1.14 4222 Drugs and Druggists' Sundries.......................... 1.67 1.62 1.56 4223 Apparel, Piece Goods, and Notions...................... 1.60 1.82 1.65 4224 Groceries and Related Products......................... 0.65 0.63 0.71 4225 Farm Product Raw Materials............................. 1.44 1.31 1.37 4226 Chemicals and Allied Products.......................... 1.23 1.16 1.16 4227 Petroleum and Petroleum Products....................... 0.44 0.40 0.31 4228 Beer, Wine and Distilled Alcoholic Beverages........... 1.23 1.26 1.25 4229 Miscellaneous Nondurable Goods......................... 1.39 1.33 1.39 (r) REVISED. (p) PRELIMINARY ESTIMATE. SEE SAMPLE DESIGN AND ESTIMATION PROCEDURES IN ANNUAL BENCHMARK REPORT FOR WHOLESALE TRADE: JANUARY 1992-MARCH 2001. SOURCE: Monthly Wholesale Trade Sales and Inventories-- February (For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington D.C. 20402. Postage stamps not acceptable; currency submitted at sender's risk. Annual subscription $17.00; single copy $1.50. Remittances from foreign countries must be by international money order or by draft on a U.S. bank, $21.25 per year.) Questions concerning this report should be directed to Mr. Scott Scheleur (301) 457-2747/2764.TABLE 2B. PERCENT CHANGES IN SALES AND INVENTORIES OF MERCHANT WHOLESALERS
UNADJUSTED INVENTORIES, SALES END-OF-MONTH (AT COST) NAICS Kind of business code 02 Months Feb Jan Feb 2002 Feb Jan Feb 2002 2002 2002 from 2002 2002 2002 from from from 02 from from from Jan Dec Feb Months Jan Dec Feb 2002 2001 2001 2001 2002 2001 2001 TOTAL.............................................. -4.4 0.9 -2.3 -2.9 -1.6 0.6 -6.0 421 Durable Goods....................................... -2.6 -0.3 -3.4 -3.9 -0.5 0.5 -11.0 4211 Motor Vehicle and Motor Vehicle Parts and Supplies..... -0.0 -3.0 5.2 3.8 1.0 1.3 -9.1 4212 Furniture and Home Furnishings......................... -5.3 3.2 -8.2 -7.1 -0.2 -0.9 -9.7 4213 Lumber & Other Construction Materials.................. 0.2 13.4 15.7 14.0 0.9 2.9 0.8 4214 Professional and Commercial Equipment and Supplies..... -5.7 -7.8 -2.6 -2.2 -2.1 0.9 -14.6 42143 Computer & Computer Peripheral Equipment and Software. -8.9 -11.9 -10.1 -9.8 -0.4 0.8 -21.6 4215 Metals and Minerals, ex. Petroleum..................... -7.9 16.3 -13.4 -11.6 -0.5 -2.3 -13.7 4216 Electrical Goods....................................... -3.0 1.9 -8.5 -10.3 -1.4 0.2 -19.9 4217 Hardware, Plumbing and Heating Equipment and Supplies.. -2.6 10.3 4.0 3.1 0.1 0.3 -2.3 4218 Machinery, Equipment and Supplies...................... -2.4 -3.2 -8.7 -8.3 -0.3 0.1 -7.2 4219 Miscellaneous Durable Goods............................ 2.3 -0.7 -2.4 -4.2 -0.7 2.1 -11.6 422 Nondurable Goods..................................... -6.0 2.2 -1.2 -1.8 -3.2 0.6 2.5 4221 Paper and Paper Products............................... -9.0 6.2 -7.5 -7.9 -2.6 -1.9 -13.4 4222 Drugs and Druggists' Sundries.......................... -9.9 6.2 18.5 16.5 -7.2 1.2 26.7 4223 Apparel, Piece Goods, and Notions...................... 8.6 26.9 -0.8 -2.2 -4.4 4.8 -4.0 4224 Groceries and Related Products......................... -5.0 -1.9 6.3 5.5 -2.2 -1.6 -2.6 4225 Farm Product Raw Materials............................. -14.1 7.9 -11.4 -9.8 -5.6 1.9 -6.7 4226 Chemicals and Allied Products.......................... -5.1 16.4 -2.0 -1.5 0.9 -1.3 3.9 4227 Petroleum and Petroleum Products....................... -10.8 7.9 -25.8 -26.9 -0.8 1.0 6.0 4228 Beer, Wine and Distilled Alcoholic Beverages........... 4.5 -26.4 6.6 5.5 2.6 4.8 5.4 4229 Miscellaneous Nondurable Goods......................... -4.3 -1.8 -5.6 -5.0 0.1 -1.4 -5.2SOURCE: Monthly Wholesale Trade Sales and Inventories-- February (For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington D.C. 20402. Postage stamps not acceptable; currency submitted at sender's risk. Annual subscription $17.00; single copy $1.50. Remittances from foreign countries must be by international money order or by draft on a U.S. bank, $21.25 per year.) Questions concerning this report should be directed to Mr. Scott Scheleur (301) 457-2747/2764.
