Wholesaler revenues up 1.3%
The U.S. Census Bureau announced that January 2010 sales of merchant wholesalers were $346.7 billion, up 1.3 percent from December and up 10.5 percent from January 2009.
January sales of durable goods were up 0.3 percent from last month and were up 9.5 percent from a year ago.
Compared to last month, sales of hardware, and plumbing and heating equipment and supplies were up 3.9 percent. Sales of nondurable goods were up 2.0 percent from last month and were up 11.3 percent from last year.
Total inventories were $382.2 billion at the end of January, down 0.2 percent from the revised December level and down 9.7 percent from a year ago.
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INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
