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FOR IMMEDIATE RELEASE FRIDAY, March 10, 2006 AT 10:00 A.M. EST

 

Nancy Piesto                                                                                                                                 CB06-37
Service Sector Statistics Division
(301) 763-2747

MONTHLY WHOLESALE TRADE: SALES AND INVENTORIES
JANUARY 2006

 

Intention to Revise Wholesale Data: Monthly wholesale sales, inventories, and inventories/sales ratios will be revised based on the results of the 2004 Annual Trade Survey and the final results of the 2002 Census of Wholesale Trade. Revised unadjusted and corresponding adjusted data are scheduled for release on March 30, 2006 and can be found on our website at http://www.census.gov/whl.

Sales

The U.S. Census Bureau announced today that January 2006 sales of merchant wholesalers, except manufacturers' sales branches and offices, after adjustment for seasonal variations and trading-day differences but not for price changes, were $318.6 billion, up 1.0 percent (+/-0.7%) from the revised December level and were up 9.3 percent (+/-1.2%) from the January 2005 level. The December preliminary estimate was revised upward $0.5 billion or 0.2 percent. January sales of durable goods increased 1.4 percent (+/-0.8%) from last month and were up 8.9 percent (+/-1.5%) from a year ago. Compared to last month, sales of motor vehicle and motor vehicle parts and supplies increased 4.5 percent, while hardware, and plumbing and heating equipment and supplies decreased 2.4 percent. January sales of nondurable goods were up 0.6 percent (+/-0.8%)* from last month and were up 9.8 percent (+/-1.5%) from last year. Compared to last month, sales of grocery and related products were up 1.8 percent, while chemicals and allied products decreased 2.0 percent.

Inventories

Total inventories of merchant wholesalers, except manufacturers' sales branches and offices, after adjustment for seasonal variations but not for price changes, were $362.8 billion at the end of January, up 0.1 percent (+/-0.3%)* from last month and were up 5.7 percent (+/-1.0%) from a year ago. The December preliminary estimate was revised downward $0.1 billion. End-of-month inventories of durable goods increased 0.3 percent (+/-0.5%)* from December and were up 5.9 percent (+/-1.3%) from last January. Inventories of hardware, and plumbing and heating equipment and supplies increased 2.4 percent from last month. End-of-month inventories of nondurable goods decreased 0.1 percent (+/-0.5%)* from December, but were up 5.3 percent (+/-1.3%) compared to last January. Inventories of drugs and druggists' sundries decreased 5.5 percent from last month, while inventories of petroleum and petroleum products increased 12.9 percent.

Inventories/Sales Ratio

The January inventories/sales ratio for merchant wholesalers, except manufacturers' sales branches and offices, based on seasonally adjusted data, was 1.14. The January 2005 ratio was 1.18. Data in this report are based on a sample and, therefore, are subject to sampling and nonsampling error. A discussion of the reliability of the estimates and general survey methodology appears in BW/04-A Current Business Reports. Monthly Wholesale Inventory/Sales Ratios Monthly Wholesale Trade for February is scheduled to be released April 7,2006 at 10:00 a.m. EDT. For information, visit the Census Bureau's Web site at <http://www.census.gov/whl>. This report is also available the day of issue through the Department of Commerce's STAT-USA (202-482-1986). * The 90 percent confidence interval includes zero. The Census Bureau does not have sufficient statistical evidence to conclude that the actual change is different from zero.
TABLE 1A. ADJUSTED ESTIMATED MONTHLY SALES, INVENTORIES, AND INVENTORIES/SALES RATIOS OF MERCHANT WHOLESALERS, EXCEPT MANUFACTURERS' SALES BRANCHES AND OFFICES: 2006 AND 2005 (Total sales and inventory estimates are shown in millions of dollars. Estimates are based on data from the Monthly Wholesale Trade Survey and have been adjusted using results of the 2002 Economic Census.) 2006 2005 2005 NAICS Kind of business Jan(p) Dec(r) Jan(r) code 42 Sales, Total....................................... 318629 315391 291509 423 Durable Goods....................................... 160271 158008 147226 4231 Motor Vehicle and Motor Vehicle Parts and Supplies..... 26713 25573 23086 4232 Furniture and Home Furnishings......................... 5814 5688 5199 4233 Lumber & Other Construction Materials.................. 14105 13567 12260 4234 Professional and Commercial Equipment and Supplies..... 26044 26224 24445 42343 Computer & Computer Peripheral Equipment and Software. 13844 14072 13873 4235 Metals and Minerals, ex. Petroleum..................... 11429 11702 11175 4236 Electrical and Electronic Goods........................ 23406 22939 22505 4237 Hardware, Plumbing and Heating Equipment and Supplies.. 7285 7461 6826 4238 Machinery, Equipment and Supplies...................... 28266 28107 25176 4239 Miscellaneous Durable Goods............................ 17209 16747 16554 424 Nondurable Goods..................................... 158358 157383 144283 4241 Paper and Paper Products............................... 7551 7600 6973 4242 Drugs and Druggists' Sundries.......................... 29149 29120 27468 4243 Apparel, Piece Goods, and Notions...................... 10503 10388 9221 4244 Grocery and Related Products........................... 37215 36564 35175 4245 Farm Product Raw Materials............................. 9211 9090 9685 4246 Chemicals and Allied Products.......................... 7141 7287 6790 4247 Petroleum and Petroleum Products....................... 32484 32835 25438 4248 Beer, Wine, and Distilled Alcoholic Beverages.......... 7997 7894 7562 4249 Miscellaneous Nondurable Goods......................... 17107 16605 15971 42 Inventories, Total.................................. 362814 362407 343256 423 Durable Goods....................................... 229983 229401 217128 4231 Motor Vehicle and Motor Vehicle Parts and Supplies..... 34123 34530 32852 4232 Furniture and Home Furnishings......................... 7849 7821 7528 4233 Lumber & Other Construction Materials.................. 15205 15137 13915 4234 Professional and Commercial Equipment and Supplies..... 29343 28978 28761 42343 Computer & Computer Peripheral Equipment and Software. 10978 10728 10794 4235 Metals and Minerals, ex. Petroleum..................... 19157 19003 20512 4236 Electrical and Electronic Goods........................ 27150 27477 26703 4237 Hardware, Plumbing and Heating Equipment and Supplies.. 14278 13946 12490 4238 Machinery, Equipment and Supplies...................... 59508 58889 51806 4239 Miscellaneous Durable Goods............................ 23370 23620 22561 424 Nondurable Goods..................................... 132831 133006 126128 4241 Paper and Paper Products............................... 7286 7365 6913 4242 Drugs and Druggists' Sundries.......................... 25912 27414 29220 4243 Apparel, Piece Goods, and Notions...................... 15964 16119 15492 4244 Grocery and Related Products........................... 24378 24461 22909 4245 Farm Product Raw Materials............................. 11846 11733 10067 4246 Chemicals and Allied Products.......................... 7773 7534 7192 4247 Petroleum and Petroleum Products....................... 10273 9101 6885 4248 Beer, Wine, and Distilled Alcoholic Beverages.......... 9024 9070 8439 4249 Miscellaneous Nondurable Goods......................... 20375 20209 19011 42 Inventories/Sales Ratios, Total...................... 1.14 1.15 1.18 423 Durable Goods....................................... 1.43 1.45 1.47 4231 Motor Vehicle and Motor Vehicle Parts and Supplies..... 1.28 1.35 1.42 4232 Furniture and Home Furnishings......................... 1.35 1.38 1.45 4233 Lumber & Other Construction Materials.................. 1.08 1.12 1.13 4234 Professional and Commercial Equipment and Supplies..... 1.13 1.11 1.18 42343 Computer & Computer Peripheral Equipment and Software. 0.79 0.76 0.78 4235 Metals and Minerals, ex. Petroleum..................... 1.68 1.62 1.84 4236 Electrical and Electronic Goods........................ 1.16 1.20 1.19 4237 Hardware, Plumbing and Heating Equipment and Supplies.. 1.96 1.87 1.83 4238 Machinery, Equipment and Supplies...................... 2.11 2.10 2.06 4239 Miscellaneous Durable Goods............................ 1.36 1.41 1.36 424 Nondurable Goods..................................... 0.84 0.85 0.87 4241 Paper and Paper Products............................... 0.96 0.97 0.99 4242 Drugs and Druggists' Sundries.......................... 0.89 0.94 1.06 4243 Apparel, Piece Goods, and Notions...................... 1.52 1.55 1.68 4244 Grocery and Related Products........................... 0.66 0.67 0.65 4245 Farm Product Raw Materials............................. 1.29 1.29 1.04 4246 Chemicals and Allied Products.......................... 1.09 1.03 1.06 4247 Petroleum and Petroleum Products....................... 0.32 0.28 0.27 4248 Beer, Wine, and Distilled Alcoholic Beverages.......... 1.13 1.15 1.12 4249 Miscellaneous Nondurable Goods......................... 1.19 1.22 1.19 (p) PRELIMINARY ESTIMATE. SEE SAMPLE DESIGN AND ESTIMATION PROCEDURES IN ANNUAL BENCHMARK REPORT FOR WHOLESALE TRADE: JANUARY 1992-JANUARY 2005. (r) REVISED. Note: Estimates have not been adjusted for price changes. Information on confidentiality protection, sampling error, nonsampling error, sample design, and definitions may be found at http://www.census.gov/svsd/www/mwtsreliability.html.
TABLE 2A. PERCENT CHANGES IN SALES AND INVENTORIES OF MERCHANT WHOLESALERS, EXCEPT MANUFACTURERS' SALES BRANCHES AND OFFICES ADJUSTED(1) INVENTORIES, SALES END-OF-MONTH (AT COST) NAICS Kind of business code Jan Dec Jan Jan Dec Jan 2006 2005 2006 2006 2005 2006 from from from from from from Dec Nov Jan Dec Nov Jan 2005 2005 2005 2005 2005 2005 42 TOTAL.............................................. 1.0 1.2 9.3 0.1 0.9 5.7 423 Durable Goods....................................... 1.4 1.7 8.9 0.3 0.6 5.9 4231 Motor Vehicle and Motor Vehicle Parts and Supplies..... 4.5 2.4 15.7 -1.2 0.4 3.9 4232 Furniture and Home Furnishings......................... 2.2 2.7 11.8 0.4 0.1 4.3 4233 Lumber & Other Construction Materials.................. 4.0 3.4 15.0 0.4 3.7 9.3 4234 Professional and Commercial Equipment and Supplies..... -0.7 1.9 6.5 1.3 0.7 2.0 42343 Computer & Computer Peripheral Equipment and Software. -1.6 1.7 -0.2 2.3 0.2 1.7 4235 Metals and Minerals, ex. Petroleum..................... -2.3 1.9 2.3 0.8 0.0 -6.6 4236 Electrical and Electronic Goods........................ 2.0 0.4 4.0 -1.2 0.1 1.7 4237 Hardware, Plumbing and Heating Equipment and Supplies.. -2.4 -0.1 6.7 2.4 2.6 14.3 4238 Machinery, Equipment and Supplies...................... 0.6 1.5 12.3 1.1 0.4 14.9 4239 Miscellaneous Durable Goods............................ 2.8 1.5 4.0 -1.1 -0.1 3.6 424 Nondurable Goods..................................... 0.6 0.6 9.8 -0.1 1.5 5.3 4241 Paper and Paper Products............................... -0.6 2.1 8.3 -1.1 -0.6 5.4 4242 Drugs and Druggists' Sundries.......................... 0.1 0.4 6.1 -5.5 3.5 -11.3 4243 Apparel, Piece Goods, and Notions...................... 1.1 3.9 13.9 -1.0 -1.7 3.0 4244 Grocery and Related Products........................... 1.8 0.3 5.8 -0.3 1.4 6.4 4245 Farm Product Raw Materials............................. 1.3 -4.4 -4.9 1.0 4.7 17.7 4246 Chemicals and Allied Products.......................... -2.0 -0.5 5.2 3.2 -0.8 8.1 4247 Petroleum and Petroleum Products....................... -1.1 3.1 27.7 12.9 -0.1 49.2 4248 Beer, Wine, and Distilled Alcoholic Beverages.......... 1.3 -1.4 5.8 -0.5 -0.5 6.9 4249 Miscellaneous Nondurable Goods......................... 3.0 -1.0 7.1 0.8 2.9 7.2 (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, EXCEPT MANUFACTURERS' SALES BRANCHES AND OFFICES: 2006 AND 2005 (Total sales and inventory estimates are shown in millions of dollars. Estimates are based on data from the Monthly Wholesale Trade Survey and have been adjusted using results of the 2002 Economic Census.) 2006 2005 2005 2006 2005 NAICS Kind of business Jan(p) Dec(r) Jan(r) CUM CUM code 42 Sales, Total....................................... 300308 312416 266885 300308 266885 423 Durable Goods....................................... 147437 155706 130991 147437 130991 4231 Motor Vehicle and Motor Vehicle Parts and Supplies..... 24282 25982 20200 24282 20200 4232 Furniture and Home Furnishings......................... 5326 5426 4617 5326 4617 4233 Lumber & Other Construction Materials.................. 12737 11016 10666 12737 10666 4234 Professional and Commercial Equipment and Supplies..... 23596 28873 21634 23596 21634 42343 Computer & Computer Peripheral Equipment and Software. 12709 15972 12486 12709 12486 4235 Metals and Minerals, ex. Petroleum..................... 11189 10438 10449 11189 10449 4236 Electrical and Electronic Goods........................ 21674 21884 20232 21674 20232 4237 Hardware, Plumbing and Heating Equipment and Supplies.. 6739 6760 6082 6739 6082 4238 Machinery, Equipment and Supplies...................... 25976 28613 22130 25976 22130 4239 Miscellaneous Durable Goods............................ 15918 16714 14981 15918 14981 424 Nondurable Goods..................................... 152871 156710 135894 152871 135894 4241 Paper and Paper Products............................... 7287 7433 6555 7287 6555 4242 Drugs and Druggists' Sundries.......................... 29207 30314 26342 29207 26342 4243 Apparel, Piece Goods, and Notions...................... 9558 8778 8142 9558 8142 4244 Grocery and Related Products........................... 35131 36747 32818 35131 32818 4245 Farm Product Raw Materials............................. 10178 10154 10247 10178 10247 4246 Chemicals and Allied Products.......................... 6998 6777 6491 6998 6491 4247 Petroleum and Petroleum Products....................... 32257 31325 24802 32257 24802 4248 Beer, Wine, and Distilled Alcoholic Beverages.......... 6174 9125 5596 6174 5596 4249 Miscellaneous Nondurable Goods......................... 16081 16057 14901 16081 14901 42 Inventories, Total.................................. 366911 364419 347016 423 Durable Goods....................................... 228974 226066 216234 4231 Motor Vehicle and Motor Vehicle Parts and Supplies..... 34362 34357 33082 4232 Furniture and Home Furnishings......................... 7755 7696 7423 4233 Lumber & Other Construction Materials.................. 15083 14426 13804 4234 Professional and Commercial Equipment and Supplies..... 29519 28572 28905 42343 Computer & Computer Peripheral Equipment and Software. 11022 10717 10794 4235 Metals and Minerals, ex. Petroleum..................... 19234 19136 20574 4236 Electrical and Electronic Goods........................ 26851 26982 26409 4237 Hardware, Plumbing and Heating Equipment and Supplies.. 14178 13779 12390 4238 Machinery, Equipment and Supplies...................... 58318 57829 50770 4239 Miscellaneous Durable Goods............................ 23674 23289 22877 424 Nondurable Goods..................................... 137937 138353 130782 4241 Paper and Paper Products............................... 7250 7557 6885 4242 Drugs and Druggists' Sundries.......................... 26793 28840 30301 4243 Apparel, Piece Goods, and Notions...................... 16251 15861 15786 4244 Grocery and Related Products........................... 24597 25195 23092 4245 Farm Product Raw Materials............................. 13812 13118 11798 4246 Chemicals and Allied Products.......................... 7781 7542 7199 4247 Petroleum and Petroleum Products....................... 11002 10057 7339 4248 Beer, Wine, and Distilled Alcoholic Beverages.......... 8690 8499 8135 4249 Miscellaneous Nondurable Goods......................... 21761 21684 20247 42 Inventories/Sales Ratios, Total...................... 1.22 1.17 1.30 423 Durable Goods....................................... 1.55 1.45 1.65 4231 Motor Vehicle and Motor Vehicle Parts and Supplies..... 1.42 1.32 1.64 4232 Furniture and Home Furnishings......................... 1.46 1.42 1.61 4233 Lumber & Other Construction Materials.................. 1.18 1.31 1.29 4234 Professional and Commercial Equipment and Supplies..... 1.25 0.99 1.34 42343 Computer & Computer Peripheral Equipment and Software. 0.87 0.67 0.86 4235 Metals and Minerals, ex. Petroleum..................... 1.72 1.83 1.97 4236 Electrical and Electronic Goods........................ 1.24 1.23 1.31 4237 Hardware, Plumbing and Heating Equipment and Supplies.. 2.10 2.04 2.04 4238 Machinery, Equipment and Supplies...................... 2.25 2.02 2.29 4239 Miscellaneous Durable Goods............................ 1.49 1.39 1.53 424 Nondurable Goods..................................... 0.90 0.88 0.96 4241 Paper and Paper Products............................... 0.99 1.02 1.05 4242 Drugs and Druggists' Sundries.......................... 0.92 0.95 1.15 4243 Apparel, Piece Goods, and Notions...................... 1.70 1.81 1.94 4244 Grocery and Related Products........................... 0.70 0.69 0.70 4245 Farm Product Raw Materials............................. 1.36 1.29 1.15 4246 Chemicals and Allied Products.......................... 1.11 1.11 1.11 4247 Petroleum and Petroleum Products....................... 0.34 0.32 0.30 4248 Beer, Wine, and Distilled Alcoholic Beverages.......... 1.41 0.93 1.45 4249 Miscellaneous Nondurable Goods......................... 1.35 1.35 1.36 (p) PRELIMINARY ESTIMATE. SEE SAMPLE DESIGN AND ESTIMATION PROCEDURES IN ANNUAL BENCHMARK REPORT FOR WHOLESALE TRADE: JANUARY 1992-JANUARY 2005. (r) REVISED. Note: Estimates have not been adjusted for price changes. Information on confidentiality protection, sampling error, nonsampling error, sample design, and definitions may be found at http://www.census.gov/svsd/www/mwtsreliability.html.

TABLE 2B. PERCENT CHANGES IN SALES AND INVENTORIES OF MERCHANT WHOLESALERS, EXCEPT MANUFACTURERS' SALES BRANCHES AND OFFICES UNADJUSTED INVENTORIES, SALES END-OF-MONTH (AT COST) NAICS Kind of business code 01 Month Jan Dec Jan 2006 Jan Dec Jan 2006 2005 2006 from 2006 2005 2006 from from from 01 from from from Dec Nov Jan Month Dec Nov Jan 2005 2005 2005 2005 2005 2005 2005 42 TOTAL.............................................. -3.9 0.7 12.5 12.5 0.7 1.3 5.7 423 Durable Goods....................................... -5.3 1.0 12.6 12.6 1.3 -0.2 5.9 4231 Motor Vehicle and Motor Vehicle Parts and Supplies..... -6.5 2.5 20.2 20.2 0.0 -1.1 3.9 4232 Furniture and Home Furnishings......................... -1.8 -4.2 15.4 15.4 0.8 -0.4 4.5 4233 Lumber & Other Construction Materials.................. 15.6 -10.0 19.4 19.4 4.6 5.0 9.3 4234 Professional and Commercial Equipment and Supplies..... -18.3 14.7 9.1 9.1 3.3 -2.6 2.1 42343 Computer & Computer Peripheral Equipment and Software. -20.4 22.8 1.8 1.8 2.8 -2.5 2.1 4235 Metals and Minerals, ex. Petroleum..................... 7.2 -4.2 7.1 7.1 0.5 2.3 -6.5 4236 Electrical and Electronic Goods........................ -1.0 -6.8 7.1 7.1 -0.5 -1.1 1.7 4237 Hardware, Plumbing and Heating Equipment and Supplies.. -0.3 -8.4 10.8 10.8 2.9 3.5 14.4 4238 Machinery, Equipment and Supplies...................... -9.2 10.7 17.4 17.4 0.8 -0.1 14.9 4239 Miscellaneous Durable Goods............................ -4.8 -8.3 6.3 6.3 1.7 -1.7 3.5 424 Nondurable Goods..................................... -2.4 0.4 12.5 12.5 -0.3 3.7 5.5 4241 Paper and Paper Products............................... -2.0 0.3 11.2 11.2 -4.1 1.2 5.3 4242 Drugs and Druggists' Sundries.......................... -3.7 2.2 10.9 10.9 -7.1 7.9 -11.6 4243 Apparel, Piece Goods, and Notions...................... 8.9 -12.6 17.4 17.4 2.5 -0.5 2.9 4244 Grocery and Related Products........................... -4.4 0.0 7.0 7.0 -2.4 1.1 6.5 4245 Farm Product Raw Materials............................. 0.2 -8.8 -0.7 -0.7 5.3 10.1 17.1 4246 Chemicals and Allied Products.......................... 3.3 -4.5 7.8 7.8 3.2 -0.5 8.1 4247 Petroleum and Petroleum Products....................... 3.0 4.1 30.1 30.1 9.4 10.1 49.9 4248 Beer, Wine, and Distilled Alcoholic Beverages.......... -32.3 7.8 10.3 10.3 2.2 -11.1 6.8 4249 Miscellaneous Nondurable Goods......................... 0.1 3.6 7.9 7.9 0.4 7.5 7.5

Source: U.S. Census Bureau
E-mail questions to: Monthly Wholesale Trade Survey
Last Revised:   March 10, 2006

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