The following is the unedited transcript of the news release from the U.S. Census Bureau of the Department of Commerce.


Sales

The U.S. Census Bureau announced today that June 2007 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 $359.5, up 0.6 percent (+/-0.5%) from the revised May level and were up 8.1 percent (+/-1.3%) from the June 2006 level. The May preliminary estimate was revised upward $0.2 billion or 0.1 percent.

June sales of durable goods were up 0.7 percent (+/-1.0%) from last month and were up 4.9 percent (+/-2.0%) from a year ago. Compared to last month, sales of computer and computer peripheral equipment and supplies were up 5.4 percent. June sales of nondurable goods were up 0.5 percent (+/-0.7%) from last month and were up 11.1 percent (+/-2.1%) from last year.

Inventories

Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations but not for price changes, were $398.5 billion at the end of June, up 0.5 percent (+/-0.3%) from the revised May level and were up 6.3 percent (+/-1.8%) from a year ago. The May preliminary estimate was revised downward $0.1 billion. End-of-month inventories of durable goods were virtually unchanged (+/-0.5%)* from last month and were up 4.2 percent (+/-2.3%) from last June. Inventories of motor vehicle and motor vehicle parts and supplies were up 1.3 percent from last month. End-of-month inventories of nondurable goods increased 1.2 percent (+/-0.5%) from May and were up 10.1 percent (+/-3.6%) compared to last June. Inventories of farm product raw materials were up 5.6 percent and inventories of apparel, piece goods, and notions increased 3.1 percent from last month.

Inventories/Sales Ratio

The June inventories/sales ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.11. The June 2006 ratio was 1.13.


Available at:

http://www.census.gov/mwts/www/currentwhl.html