For Wire Transmission 10:00 a.m. ET September 9, 2002 CB02-113
MONTHLY WHOLESALE TRADE: SALES AND INVENTORIES
JULY 2002
Sales July 2002 sales of merchant wholesalers, after adjustment for seasonal variations and trading-day differences but not for price changes, were $231.0 billion, up 0.6 percent (+/-0.5%) from the revised June level, and were up 2.4 percent (+/-1.3%) from the July 2001 level. The June preliminary estimate was revised upward $0.1 billion or 0.1 percent. Among durable goods, furniture and home furnishings were down 2.6 percent from last month and sales of professional and commercial equipment and supplies were down 2.0 percent. July sales of nondurable goods increased 1.2 percent (+/-0.8%) from last month and were up 4.5 percent (+/-1.7%) from last year. Compared to last month, sales of farm product raw materials were up 3.1 percent.
Inventories Total inventories of merchant wholesalers, after adjustment for seasonal variations but not for price changes, were $284.2 billion at the end of July, up 0.6 percent (+/-0.3%) from last month, but were down 4.7 percent (+/-1.2%) from a year ago. The June preliminary estimate was revised upward $0.5 billion or 0.2 percent. End-of-month inventories of durable goods were up 0.5 percent (+/-0.4%) from June, but were down 8.0 percent (+/-1.6%) from last July. Compared to last month, inventories of metals and minerals, except petroleum, were up 1.8 percent and machinery, equipment, and supplies increased 0.9 percent. End-of-month inventories of nondurable goods increased 0.9 percent (+/-0.5%) from last month, and were up 0.6 percent (+/-2.0%) from a year ago. Inventories of farm product raw materials increased 4.0 percent from June, while chemicals and allied products decreased 1.6 percent.
Inventories/Sales Ratio The July inventories/sales ratio for merchant wholesalers, based on seasonally adjusted data, was 1.23. The July 2001 ratio was 1.32.
TABLE 1A. ADJUSTED ESTIMATED MONTHLY SALES, INVENTORIES, AND INVENTORIES/SALES RATIOS OF MERCHANT WHOLESALERS (Total sales and inventory estimates are shown in millions of dollars. Estimates are based on data from the Monthly Wholesale Trade Survey, Annual Wholesale Trade Survey, and administrative records. Except for NAICS code 4225, estimates have been adjusted using results of the mostrecent economic census.) 2002 2002 2001 NAICS Kind of business Jul(p) Jun(r) Jul(r) code Sales, Total....................................... 230991 229638 225620 421 Durable Goods....................................... 114408 114493 114090 4211 Motor Vehicle and Motor Vehicle Parts and Supplies..... 17534 17457 17144 4212 Furniture and Home Furnishings......................... 3576 3671 3594 4213 Lumber & Other Construction Materials.................. 6452 6565 6167 4214 Professional and Commercial Equipment and Supplies..... 21580 22010 22380 42143 Computer & Computer Peripheral Equipment and Software. 11656 11684 11948 4215 Metals and Minerals, ex. Petroleum..................... 7918 7843 7828 4216 Electrical Goods....................................... 17876 17783 17255 4217 Hardware, Plumbing and Heating Equipment and Supplies.. 5373 5358 5116 4218 Machinery, Equipment, and Supplies..................... 20386 20341 21511 4219 Miscellaneous Durable Goods............................ 13713 13465 13095 422 Nondurable Goods..................................... 116583 115145 111530 4221 Paper and Paper Products............................... 6314 6235 6350 4222 Drugs and Druggists' Sundries.......................... 18623 18779 16094 4223 Apparel, Piece Goods, and Notions...................... 7088 6939 6558 4224 Groceries and Related Products......................... 35260 35056 33744 4225 Farm Product Raw Materials............................. 8983 8715 8708 4226 Chemicals and Allied Products.......................... 5044 4991 4946 4227 Petroleum and Petroleum Products....................... 14694 14545 14099 4228 Beer, Wine, and Distilled Alcoholic Beverages.......... 6565 6494 6202 4229 Miscellaneous Nondurable Goods......................... 14012 13391 14829 Inventories, Total.................................. 284152 282340 298162 421 Durable Goods....................................... 169269 168459 183983 4211 Motor Vehicle and Motor Vehicle Parts and Supplies..... 23873 23568 24696 4212 Furniture and Home Furnishings......................... 5209 5171 5538 4213 Lumber & Other Construction Materials.................. 6677 6721 6579 4214 Professional and Commercial Equipment and Supplies..... 23257 23274 25259 42143 Computer & Computer Peripheral Equipment and Software. 8408 8485 9626 4215 Metals and Minerals, ex. Petroleum..................... 12358 12144 13103 4216 Electrical Goods....................................... 22990 22873 27022 4217 Hardware, Plumbing and Heating Equipment and Supplies.. 10098 10072 10436 4218 Machinery, Equipment, and Supplies..................... 45586 45187 50001 4219 Miscellaneous Durable Goods............................ 19221 19449 21349 422 Nondurable Goods..................................... 114883 113881 114179 4221 Paper and Paper Products............................... 6062 6157 6652 4222 Drugs and Druggists' Sundries.......................... 27459 27562 25197 4223 Apparel, Piece Goods, and Notions...................... 12321 12192 13546 4224 Groceries and Related Products......................... 22271 22121 21276 4225 Farm Product Raw Materials............................. 10413 10008 10815 4226 Chemicals and Allied Products.......................... 5920 6014 6175 4227 Petroleum and Petroleum Products....................... 4613 4552 4273 4228 Beer, Wine, and Distilled Alcoholic Beverages.......... 6646 6665 6408 4229 Miscellaneous Nondurable Goods......................... 19178 18610 19837 Inventories/Sales Ratios, Total...................... 1.23 1.23 1.32 421 Durable Goods....................................... 1.48 1.47 1.61 4211 Motor Vehicle and Motor Vehicle Parts and Supplies..... 1.36 1.35 1.44 4212 Furniture and Home furnishings......................... 1.46 1.41 1.54 4213 Lumber & Other Construction Materials.................. 1.03 1.02 1.07 4214 Professional and Commercial Equipment and Supplies..... 1.08 1.06 1.13 42143 Computer & Computer Peripheral Equipment and Software. 0.72 0.73 0.81 4215 Metals and Minerals, ex. Petroleum..................... 1.56 1.55 1.67 4216 Electrical Goods....................................... 1.29 1.29 1.57 4217 Hardware, Plumbing and Heating Equipment and Supplies.. 1.88 1.88 2.04 4218 Machinery, Equipment, and Supplies..................... 2.24 2.22 2.32 4219 Miscellaneous Durable Goods............................ 1.40 1.44 1.63 422 Nondurable Goods..................................... 0.99 0.99 1.02 4221 Paper and Paper Products............................... 0.96 0.99 1.05 4222 Drugs and Druggists' Sundries.......................... 1.47 1.47 1.57 4223 Apparel, Piece Goods, and Notions...................... 1.74 1.76 2.07 4224 Groceries and Related Products......................... 0.63 0.63 0.63 4225 Farm Product Raw Materials............................. 1.16 1.15 1.24 4226 Chemicals and Allied Products.......................... 1.17 1.20 1.25 4227 Petroleum and Petroleum Products....................... 0.31 0.31 0.30 4228 Beer, Wine, and Distilled Alcoholic Beverages.......... 1.01 1.03 1.03 4229 Miscellaneous Nondurable Goods......................... 1.37 1.39 1.34 (p) PRELIMINARY ESTIMATE. SEE SAMPLE DESIGN AND ESTIMATION PROCEDURES IN ANNUAL BENCHMARK REPORT FOR WHOLESALE TRADE: JANUARY 1992-FEBRUARY 2002. (r) REVISED. Note: Estimates have not been adjusted for price changes. Information on confidentiality, sampling error, nonsampling error, sample design, and definitions may be found at http://www/census.gov/svsd/www/mwtsreliability.html.
TABLE 2A. ADJUSTED PERCENT CHANGES IN SALES AND INVENTORIES OF MERCHANT WHOLESALERS ADJUSTED(1) INVENTORIES, SALES END-OF-MONTH (AT COST) NAICS Kind of business code Jul Jun Jul Jul Jun Jul 2002 2002 2002 2002 2002 2002 from from from from from from Jun May Jul Jun May Jul 2002 2002 2001 2002 2002 2001 TOTAL.............................................. 0.6 0.7 2.4 0.6 0.4 -4.7 421 Durable Goods....................................... -0.1 0.5 0.3 0.5 0.2 -8.0 4211 Motor Vehicle and Motor Vehicle Parts and Supplies..... 0.4 1.0 2.3 1.3 1.4 -3.3 4212 Furniture and Home Furnishings......................... -2.6 3.2 -0.5 0.7 0.0 -5.9 4213 Lumber & Other Construction Materials.................. -1.7 -1.4 4.6 -0.7 -0.4 1.5 4214 Professional and Commercial Equipment and Supplies..... -2.0 2.5 -3.6 -0.1 1.2 -7.9 42143 Computer & Computer Peripheral Equipment and Software. -0.2 3.3 -2.4 -0.9 0.7 -12.7 4215 Metals and Minerals, ex. Petroleum..................... 1.0 4.0 1.1 1.8 0.9 -5.7 4216 Electrical Goods....................................... 0.5 -1.6 3.6 0.5 -1.2 -14.9 4217 Hardware, Plumbing and Heating Equipment and Supplies.. 0.3 -0.2 5.0 0.3 -0.4 -3.2 4218 Machinery, Equipment, and Supplies..................... 0.2 -1.3 -5.2 0.9 -0.2 -8.8 4219 Miscellaneous Durable Goods............................ 1.8 1.1 4.7 -1.2 0.6 -10.0 422 Nondurable Goods..................................... 1.2 0.8 4.5 0.9 0.8 0.6 4221 Paper and Paper Products............................... 1.3 0.6 -0.6 -1.5 0.5 -8.9 4222 Drugs and Druggists' Sundries.......................... -0.8 1.3 15.7 -0.4 0.0 9.0 4223 Apparel, Piece Goods, and Notions...................... 2.1 -0.9 8.1 1.1 2.2 -9.0 4224 Groceries and Related Products......................... 0.6 1.2 4.5 0.7 2.4 4.7 4225 Farm Product Raw Materials............................. 3.1 3.2 3.2 4.0 1.1 -3.7 4226 Chemicals and Allied Products.......................... 1.1 -1.8 2.0 -1.6 -1.0 -4.1 4227 Petroleum and Petroleum Products....................... 1.0 1.1 4.2 1.3 -1.7 8.0 4228 Beer, Wine, and Distilled Alcoholic Beverages.......... 1.1 0.6 5.9 -0.3 -1.2 3.7 4229 Miscellaneous Nondurable Goods......................... 4.6 -0.3 -5.5 3.1 1.0 -3.3 (1) ADJUSTED FOR SEASONAL VARIATIONS AND, IN THE CASE OF SALES, ALSO TRADING-DAY DIFFERENCES.
TABLE 1B. UNADJUSTED ESTIMATED MONTHLY SALES, INVENTORIES, AND INVENTORIES/SALES RATIOS OF MERCHANT WHOLESALERS (Total sales and inventory estimates are shown in millions of dollars. Estimates are based on data from the Monthly Wholesale Trade Survey, Annual Wholesale Trade Survey, and administrative records. Except for NAICS code 4225, estimates have been adjusted using results of the mostrecent economic census.) 2002 2002 2001 2002 2001 NAICS Kind of business Jul(p) Jun(r) Jul(r) CUM CUM code Sales, Total....................................... 234971 226807 222883 1578663 1589342 421 Durable Goods....................................... 116617 114600 112944 784625 804669 4211 Motor Vehicle and Motor Vehicle Parts and Supplies..... 17972 17474 17161 121678 119113 4212 Furniture and Home Furnishings......................... 3558 3576 3515 24247 25298 4213 Lumber & Other Construction Materials.................. 7046 6887 6518 47099 42403 4214 Professional and Commercial Equipment and Supplies..... 21947 22384 21865 147645 155734 42143 Computer & Computer Peripheral Equipment and Software. 11714 12093 11554 77540 85541 4215 Metals and Minerals, ex. Petroleum..................... 8076 7819 7781 52620 55849 4216 Electrical Goods....................................... 18073 17392 17048 120983 125016 4217 Hardware, Plumbing and Heating Equipment and Supplies.. 5636 5471 5290 38086 36729 4218 Machinery, Equipment, and Supplies..................... 20569 20321 21038 141112 152718 4219 Miscellaneous Durable Goods............................ 13740 13276 12728 91155 91809 422 Nondurable Goods..................................... 118354 112207 109939 794038 784673 4221 Paper and Paper Products............................... 6440 6048 6261 42895 45262 4222 Drugs and Druggists' Sundries.......................... 18288 17784 15386 127020 107154 4223 Apparel, Piece Goods, and Notions...................... 7442 6620 6617 48487 47122 4224 Groceries and Related Products......................... 36706 34565 34284 242255 232455 4225 Farm Product Raw Materials............................. 8489 7800 7907 59482 62505 4226 Chemicals and Allied Products.......................... 5231 5011 4961 35355 35311 4227 Petroleum and Petroleum Products....................... 14988 14138 14057 97711 109692 4228 Beer, Wine, and Distilled Alcoholic Beverages.......... 6828 6663 6171 43574 40778 4229 Miscellaneous Nondurable Goods......................... 13942 13578 14295 97259 104394 Inventories, Total.................................. 282557 279200 296576 421 Durable Goods....................................... 171678 168943 186534 4211 Motor Vehicle and Motor Vehicle Parts and Supplies..... 23634 23144 24400 4212 Furniture and Home furnishings......................... 5397 5202 5743 4213 Lumber & Other Construction Materials.................. 6797 6876 6717 4214 Professional and Commercial Equipment and Supplies..... 23629 23065 25587 42143 Computer & Computer Peripheral Equipment and Software. 8576 8383 9770 4215 Metals and Minerals, ex. Petroleum..................... 12593 12156 13339 4216 Electrical Goods....................................... 23519 22964 27644 4217 Hardware, Plumbing and Heating Equipment and Supplies.. 10179 10183 10519 4218 Machinery, Equipment, and Supplies..................... 46498 45865 51001 4219 Miscellaneous Durable Goods............................ 19432 19488 21584 422 Nondurable Goods..................................... 110879 110257 110042 4221 Paper and Paper Products............................... 6020 6157 6612 4222 Drugs and Druggists' Sundries.......................... 26773 27149 24693 4223 Apparel, Piece Goods, and Notions...................... 12802 12424 14047 4224 Groceries and Related Products......................... 22026 22055 21021 4225 Farm Product Raw Materials............................. 7810 7676 8025 4226 Chemicals and Allied Products.......................... 5973 6062 6243 4227 Petroleum and Petroleum Products....................... 4581 4438 4243 4228 Beer, Wine, and Distilled Alcoholic Beverages.......... 6732 6765 6491 4229 Miscellaneous Nondurable Goods......................... 18162 17531 18667 Inventories/Sales Ratios, Total...................... 1.20 1.23 1.33 421 Durable Goods....................................... 1.47 1.47 1.65 4211 Motor Vehicle and Motor Vehicle Parts and Supplies..... 1.32 1.32 1.42 4212 Furniture and Home furnishings......................... 1.52 1.45 1.63 4213 Lumber & Other Construction Materials.................. 0.96 1.00 1.03 4214 Professional and Commercial Equipment and Supplies..... 1.08 1.03 1.17 42143 Computer & Computer Peripheral Equipment and Software. 0.73 0.69 0.85 4215 Metals and Minerals, ex. Petroleum..................... 1.56 1.55 1.71 4216 Electrical Goods....................................... 1.30 1.32 1.62 4217 Hardware, Plumbing and Heating Equipment and Supplies.. 1.81 1.86 1.99 4218 Machinery, Equipment, and Supplies..................... 2.26 2.26 2.42 4219 Miscellaneous Durable Goods............................ 1.41 1.47 1.70 422 Nondurable Goods..................................... 0.94 0.98 1.00 4221 Paper and Paper Products............................... 0.93 1.02 1.06 4222 Drugs and Druggists' Sundries.......................... 1.46 1.53 1.60 4223 Apparel, Piece Goods, and Notions...................... 1.72 1.88 2.12 4224 Groceries and Related Products......................... 0.60 0.64 0.61 4225 Farm Product Raw Materials............................. 0.92 0.98 1.01 4226 Chemicals and Allied Products.......................... 1.14 1.21 1.26 4227 Petroleum and Petroleum Products....................... 0.31 0.31 0.30 4228 Beer, Wine, and Distilled Alcoholic Beverages.......... 0.99 1.02 1.05 4229 Miscellaneous Nondurable Goods......................... 1.30 1.29 1.31 (p) PRELIMINARY ESTIMATE. SEE SAMPLE DESIGN AND ESTIMATION PROCEDURES IN ANNUAL BENCHMARK REPORT FOR WHOLESALE TRADE: JANUARY 1992-FEBRUARY 2002. (r) REVISED. Note: Estimates have not been adjusted for price changes. Information on confidentiality, sampling error, nonsampling error, sample design, and definitions may be found at http://www/census.gov/svsd/www/mwtsreliability.html.
TABLE 2B. UNADJUSTED PERCENT CHANGES IN SALES AND INVENTORIES OF MERCHANT WHOLESALERS UNADJUSTED INVENTORIES, SALES END-OF-MONTH (AT COST) NAICS Kind of business code 07 Months Jul Jun Jul 2002 Jul Jun Jul 2002 2002 2002 from 2002 2002 2002 from from from 07 from from from Jun May Jul Months Jun May Jul 2002 2002 2001 2001 2002 2002 2001 TOTAL.............................................. 3.6 -4.4 5.4 -0.7 1.2 0.3 -4.7 421 Durable Goods....................................... 1.8 -2.5 3.3 -2.5 1.6 0.0 -8.0 4211 Motor Vehicle and Motor Vehicle Parts and Supplies..... 2.8 -3.2 4.7 2.2 2.1 -0.7 -3.1 4212 Furniture and Home Furnishings......................... -0.5 0.2 1.2 -4.2 3.7 1.4 -6.0 4213 Lumber & Other Construction Materials.................. 2.3 -6.9 8.1 11.1 -1.1 -0.5 1.2 4214 Professional and Commercial Equipment and Supplies..... -2.0 3.6 0.4 -5.2 2.4 1.5 -7.7 42143 Computer & Computer Peripheral Equipment and Software. -3.1 9.5 1.4 -9.4 2.3 0.6 -12.2 4215 Metals and Minerals, ex. Petroleum..................... 3.3 -1.3 3.8 -5.8 3.6 0.9 -5.6 4216 Electrical Goods....................................... 3.9 -3.3 6.0 -3.2 2.4 -1.0 -14.9 4217 Hardware, Plumbing and Heating Equipment and Supplies.. 3.0 -4.6 6.5 3.7 0.0 -0.3 -3.2 4218 Machinery, Equipment and Supplies...................... 1.2 -7.8 -2.2 -7.6 1.4 -0.5 -8.8 4219 Miscellaneous Durable Goods............................ 3.5 0.0 8.0 -0.7 -0.3 0.6 -10.0 422 Nondurable Goods..................................... 5.5 -6.2 7.7 1.2 0.6 0.9 0.8 4221 Paper and Paper Products............................... 6.5 -4.0 2.9 -5.2 -2.2 -0.5 -9.0 4222 Drugs and Druggists' Sundries.......................... 2.8 -4.7 18.9 18.5 -1.4 4.2 8.4 4223 Apparel, Piece Goods, and Notions...................... 12.4 -0.1 12.5 2.9 3.0 5.5 -8.9 4224 Groceries and Related Products......................... 6.2 -5.6 7.1 4.2 -0.1 3.1 4.8 4225 Farm Product Raw Materials............................. 8.8 -6.0 7.4 -4.8 1.7 -9.0 -2.7 4226 Chemicals and Allied Products.......................... 4.4 -8.5 5.4 0.1 -1.5 -1.5 -4.3 4227 Petroleum and Petroleum Products....................... 6.0 -9.3 6.6 -10.9 3.2 -1.8 8.0 4228 Beer, Wine, and Distilled Alcoholic Beverages.......... 2.5 -6.1 10.6 6.9 -0.5 -0.1 3.7 4229 Miscellaneous Nondurable Goods......................... 2.7 -8.9 -2.5 -6.8 3.6 -2.8 -2.7
Monthly Wholesale Trade for August is scheduled to be released October 10, 2002 at 10:00 a.m. Address inquiries concerning this report to Service Sector Statistics Division, U.S. Census Bureau, Washington, DC 20233, or call Nancy Piesto, (301) 763-2747.
This report is available on day of issue through the Department of Commerce's STAT-USA website; for information, call (202) 482-1986.
Source: U.S.
Census Bureau
E-mail
questions to: Monthly
Wholesale Trade Survey
Last Revised: September 9, 2002
