Sales
August 2026 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 $817.5 billion, up 1.8 percent (±0.2 percent) from the revised July level and were up 15.6 percent (±0.7 percent) from the revised August 2025 level. The June 2026 to July 2026 percent change was revised from the preliminary estimate of up 0.8 percent (±0.4 percent) to up 1.0 percent (±0.4 percent).
Inventories
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 $964.2 billion at the end of August, up 0.5 percent (±0.2 percent) from the revised July level. Total inventories were up 6.4 percent (±1.1 percent) from the revised August 2025 level. The July 2026 to August 2026 percent change was revised from the advance estimate of up 0.7 percent (±0.2 percent) to up 0.5 percent (±0.2 percent).
Inventories/Sales Ratio
The August inventories/sales ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.18. The August 2025 ratio was 1.28.
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* The 90 percent confidence interval includes zero. There is insufficient evidence to conclude that the actual change is different from zero.
