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- US wholesale inventories flat in July. The dollar continue to rise
US wholesale inventories flat in July. The dollar continue to rise
The U.S. Census Bureau announced today that July 2016 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 $441.9 billion, down 0.4 percent (+/-0.4%)* from the revised June level and were down 1.0 percent (+/-0.9%) from the July 2015 level. The May 2016 to June 2016 percent change was revised from the preliminary estimate of up 1.9 percent (+/-0.5%) to up 1.7 percent (+/-0.6%). July sales of durable goods were up 0.2 percent (+/-0.5%)* from last month and were up 0.7 percent (+/-1.4%)* from a year ago. Sales of nondurable goods were down 1.0 percent (+/-0.5%) from June and were down 2.6 percent (+/-1.4%) from last July. Sales of petroleum and petroleum products were down 3.5 percent from last month and sales of beer, wine, and distilled alcoholic beverages were down 2.4 percent.
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