Sales
April 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 $789.1 billion, up 2.0 percent (±0.5 percent) from the revised March level and were up 13.3 percent (±1.1 percent) from the revised April 2025 level. The February 2026 to March 2026 percent change was revised from the preliminary estimate of up 2.8 percent (±0.4 percent) to up 3.0 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 $940.3 billion at the end of April, up 0.6 percent (±0.4 percent) from the revised March level. Total inventories were up 3.6 percent (±1.2 percent) from the revised April 2025 level. The March 2026 to April 2026 percent change was revised from the advance estimate of up 0.5 percent (±0.4 percent) to up 0.6 percent (±0.4 percent).
Inventories/Sales Ratio
The April inventories/sales ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.19. The April 2025 ratio was 1.30.
###
* The 90 percent confidence interval includes zero. There is insufficient evidence to conclude that the actual change is different from zero.
