Sales
June 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 $794.1 billion, down 3.0 percent (±0.5 percent) from the revised May level, but were up 14.1 percent (±0.7 percent) from the revised June 2025 level. The April 2026 to May 2026 percent change was revised from the preliminary estimate of up 3.4 percent (±0.5 percent) to up 3.5 percent (±0.5 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 $944.7 billion at the end of June, up 0.2 percent (±0.2 percent)* from the revised May level. Total inventories were up 4.2 percent (±1.2 percent) from the revised June 2025 level. The May 2026 to June 2026 percent change was revised from the advance estimate of up 0.3 percent (±0.2 percent) to up 0.2 percent (±0.2 percent)*.
Inventories/Sales Ratio
The June inventories/sales ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.19. The June 2025 ratio was 1.30.
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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.
