FOR IMMEDIATE RELEASE TUESDAY, January 10, 2006 AT 10:00 A.M. EST
Nancy Piesto/ Howard Krakower CB06-05 Service Sector Statistics Division (301) 763-2747
MONTHLY WHOLESALE TRADE: SALES AND INVENTORIES
NOVEMBER 2005
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Intention to Revise Wholesale Data: Monthly wholesale sales, inventories, and inventories/sales ratios will be revised based on the results of the 2004 Annual Trade Survey and the final results of the 2002 Census of Wholesale Trade. Revised unadjusted and corresponding adjusted data are scheduled for release on March 30, 2006. |
Sales
The U.S. Census Bureau announced today that November 2005 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 $311.7 billion, down 0.7 percent (+/-0.7%)* from the revised October level and were up 8.3 percent (+/-1.2%) from the November 2004 level. The October preliminary estimate was revised downward $0.9 billion or 0.3 percent. November sales of durable goods decreased 0.5 percent (+/-1.0%)* from last month, but were up 6.8 percent (+/-1.5%) from a year ago. November sales of nondurable goods were down 1.0 percent (+/-0.8%) from last month, but were up 9.8 percent (+/-1.5%) from last year. Compared to last month, sales of petroleum and petroleum products were down 7.0 percent, while sales of drugs and druggists’ sundries were up 1.7 percent.Inventories
Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations but not for price changes, were $358.6 billion at the end of November, up 0.4 percent (+/-0.3%) from last month and were up 5.9 percent (+/-1.0%) from a year ago. The October preliminary estimate was revised upward $0.2 billion or 0.1 percent. End-of-month inventories of durable goods increased 0.6 percent (+/-0.5%) from October and were up 6.5 percent (+/-1.2%) from last November. Inventories of machinery, equipment, and supplies increased 1.5 percent from last month, while inventories of computer and computer peripheral equipment and software decreased 1.7 percent. End-of-month inventories of nondurable goods increased 0.1 percent (+/-0.5%)* from October and were up 4.8 percent (+/-1.3%) compared to last November. Inventories of paper and paper products increased 2.2 percent from last month and inventories of grocery and related products increased 1.5 percent.Inventories/Sales Ratio
The November inventories/sales ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.15. The November 2004 ratio was 1.18. Data in this report are based on a sample and, therefore, are subject to sampling and nonsampling error. A discussion of the reliability of the estimates and general survey methodology appears in BW/04-A Current Business Reports.Monthly Wholesale Trade for December is scheduled to be released February 9, 2006 at 10:00 a.m. EST. For information, visit the Census Bureau's Web site at <http://www.census.gov/whl>. This report is also available the day of issue through the Department of Commerce's STAT-USA (202-482-1986). * The 90 percent confidence interval includes zero. The Census Bureau does not have sufficient statistical evidence to conclude that the actual change is different from zero.
TABLE 1A. ADJUSTED ESTIMATED MONTHLY SALES, INVENTORIES, AND INVENTORIES/SALES RATIOS OF MERCHANT WHOLESALERS, EXCEPT MANUFACTURERS' SALES BRANCHES AND OFFICES: 2005 AND 2004 (Total sales and inventory estimates are shown in millions of dollars. Estimates are based on data from the Monthly Wholesale Trade Survey.) 2005 2005 2004 NAICS Kind of business Nov(p) Oct(r) Nov(r) code Sales, Total....................................... 311714 314028 287839 423 Durable Goods....................................... 154897 155629 145032 4231 Motor Vehicle and Motor Vehicle Parts and Supplies..... 24931 25116 22673 4232 Furniture and Home Furnishings......................... 5513 5643 5153 4233 Lumber & Other Construction Materials.................. 13042 12786 11721 4234 Professional and Commercial Equipment and Supplies..... 25551 25871 24784 42343 Computer & Computer Peripheral Equipment and Software. 13703 13920 13994 4235 Metals and Minerals, ex. Petroleum..................... 11430 11583 10976 4236 Electrical and Electronic Goods........................ 22903 23061 21838 4237 Hardware, Plumbing and Heating Equipment and Supplies.. 7468 7412 6549 4238 Machinery, Equipment and Supplies...................... 27591 27430 24529 4239 Miscellaneous Durable Goods............................ 16468 16727 16809 424 Nondurable Goods..................................... 156817 158399 142807 4241 Paper and Paper Products............................... 7454 7372 6859 4242 Drugs and Druggists' Sundries.......................... 28985 28505 26140 4243 Apparel, Piece Goods, and Notions...................... 9939 10134 9076 4244 Grocery and Related Products........................... 36489 35978 35010 4245 Farm Product Raw Materials............................. 9672 9578 9867 4246 Chemicals and Allied Products.......................... 7329 7237 6593 4247 Petroleum and Petroleum Products....................... 31996 34395 26376 4248 Beer, Wine, and Distilled Alcoholic Beverages.......... 8035 8078 7324 4249 Miscellaneous Nondurable Goods......................... 16918 17122 15562 Inventories, Total.................................. 358647 357212 338711 423 Durable Goods....................................... 227523 226241 213588 4231 Motor Vehicle and Motor Vehicle Parts and Supplies..... 34292 34161 32504 4232 Furniture and Home Furnishings......................... 7833 7850 7460 4233 Lumber & Other Construction Materials.................. 14396 14277 13250 4234 Professional and Commercial Equipment and Supplies..... 28727 28785 28867 42343 Computer & Computer Peripheral Equipment and Software. 10691 10875 11218 4235 Metals and Minerals, ex. Petroleum..................... 19034 19175 19876 4236 Electrical and Electronic Goods........................ 27400 27440 26520 4237 Hardware, Plumbing and Heating Equipment and Supplies.. 13542 13402 12314 4238 Machinery, Equipment and Supplies...................... 58717 57827 50717 4239 Miscellaneous Durable Goods............................ 23582 23324 22080 424 Nondurable Goods..................................... 131124 130971 125123 4241 Paper and Paper Products............................... 7413 7256 6649 4242 Drugs and Druggists' Sundries.......................... 26415 26600 30020 4243 Apparel, Piece Goods, and Notions...................... 16509 16566 15680 4244 Grocery and Related Products........................... 24013 23647 23144 4245 Farm Product Raw Materials............................. 11144 11419 9261 4246 Chemicals and Allied Products.......................... 7638 7588 7038 4247 Petroleum and Petroleum Products....................... 9364 9287 6411 4248 Beer, Wine, and Distilled Alcoholic Beverages.......... 9120 9041 8118 4249 Miscellaneous Nondurable Goods......................... 19508 19567 18802 Inventories/Sales Ratios, Total...................... 1.15 1.14 1.18 423 Durable Goods....................................... 1.47 1.45 1.47 4231 Motor Vehicle and Motor Vehicle Parts and Supplies..... 1.38 1.36 1.43 4232 Furniture and Home Furnishings......................... 1.42 1.39 1.45 4233 Lumber & Other Construction Materials.................. 1.10 1.12 1.13 4234 Professional and Commercial Equipment and Supplies..... 1.12 1.11 1.16 42343 Computer & Computer Peripheral Equipment and Software. 0.78 0.78 0.80 4235 Metals and Minerals, ex. Petroleum..................... 1.67 1.66 1.81 4236 Electrical and Electronic Goods........................ 1.20 1.19 1.21 4237 Hardware, Plumbing and Heating Equipment and Supplies.. 1.81 1.81 1.88 4238 Machinery, Equipment and Supplies...................... 2.13 2.11 2.07 4239 Miscellaneous Durable Goods............................ 1.43 1.39 1.31 424 Nondurable Goods..................................... 0.84 0.83 0.88 4241 Paper and Paper Products............................... 0.99 0.98 0.97 4242 Drugs and Druggists' Sundries.......................... 0.91 0.93 1.15 4243 Apparel, Piece Goods, and Notions...................... 1.66 1.63 1.73 4244 Grocery and Related Products........................... 0.66 0.66 0.66 4245 Farm Product Raw Materials............................. 1.15 1.19 0.94 4246 Chemicals and Allied Products.......................... 1.04 1.05 1.07 4247 Petroleum and Petroleum Products....................... 0.29 0.27 0.24 4248 Beer, Wine, and Distilled Alcoholic Beverages.......... 1.14 1.12 1.11 4249 Miscellaneous Nondurable Goods......................... 1.15 1.14 1.21 (p) PRELIMINARY ESTIMATE. SEE SAMPLE DESIGN AND ESTIMATION PROCEDURES IN ANNUAL BENCHMARK REPORT FOR WHOLESALE TRADE: JANUARY 1992-JANUARY 2005. (r) REVISED. Note: Estimates have not been adjusted for price changes. Information on confidentiality protection, sampling error, nonsampling error, sample design, and definitions may be found at http://www.census.gov/svsd/www/mwtsreliability.html.
TABLE 2A. PERCENT CHANGES IN SALES AND INVENTORIES OF MERCHANT WHOLESALERS, EXCEPT MANUFACTURERS' SALES BRANCHES AND OFFICES ADJUSTED(1) INVENTORIES, SALES END-OF-MONTH (AT COST) NAICS Kind of business code Nov Oct Nov Nov Oct Nov 2005 2005 2005 2005 2005 2005 from from from from from from Oct Sep Nov Oct Sep Nov 2005 2005 2004 2005 2005 2004 TOTAL.............................................. -0.7 0.9 8.3 0.4 0.2 5.9 423 Durable Goods....................................... -0.5 1.6 6.8 0.6 1.1 6.5 4231 Motor Vehicle and Motor Vehicle Parts and Supplies..... -0.7 1.5 10.0 0.4 1.9 5.5 4232 Furniture and Home Furnishings......................... -2.3 4.3 7.0 -0.2 2.3 5.0 4233 Lumber & Other Construction Materials.................. 2.0 3.1 11.3 0.8 3.0 8.6 4234 Professional and Commercial Equipment and Supplies..... -1.2 -1.1 3.1 -0.2 -0.5 -0.5 42343 Computer & Computer Peripheral Equipment and Software. -1.6 -2.6 -2.1 -1.7 -0.2 -4.7 4235 Metals and Minerals, ex. Petroleum..................... -1.3 6.2 4.1 -0.7 -0.9 -4.2 4236 Electrical and Electronic Goods........................ -0.7 1.8 4.9 -0.1 -0.4 3.3 4237 Hardware, Plumbing and Heating Equipment and Supplies.. 0.8 4.3 14.0 1.0 2.1 10.0 4238 Machinery, Equipment and Supplies...................... 0.6 0.9 12.5 1.5 1.4 15.8 4239 Miscellaneous Durable Goods............................ -1.5 0.5 -2.0 1.1 2.2 6.8 424 Nondurable Goods..................................... -1.0 0.2 9.8 0.1 -1.2 4.8 4241 Paper and Paper Products............................... 1.1 -1.1 8.7 2.2 -0.1 11.5 4242 Drugs and Druggists' Sundries.......................... 1.7 -1.5 10.9 -0.7 -3.3 -12.0 4243 Apparel, Piece Goods, and Notions...................... -1.9 5.7 9.5 -0.3 0.6 5.3 4244 Grocery and Related Products........................... 1.4 -0.5 4.2 1.5 0.2 3.8 4245 Farm Product Raw Materials............................. 1.0 -0.3 -2.0 -2.4 -2.9 20.3 4246 Chemicals and Allied Products.......................... 1.3 0.8 11.2 0.7 0.5 8.5 4247 Petroleum and Petroleum Products....................... -7.0 0.3 21.3 0.8 -1.5 46.1 4248 Beer, Wine, and Distilled Alcoholic Beverages.......... -0.5 0.5 9.7 0.9 1.0 12.3 4249 Miscellaneous Nondurable Goods......................... -1.2 2.2 8.7 -0.3 -2.0 3.8 (1) ADJUSTED FOR SEASONAL VARIATIONS AND, IN THE CASE OF SALES, ALSO TRADING-DAY DIFFERENCES.
TABLE 1B. UNADJUSTED ESTIMATED MONTHLY SALES, INVENTORIES, AND INVENTORIES/SALES RATIOS OF MERCHANT WHOLESALERS, EXCEPT MANUFACTURERS' SALES BRANCHES AND OFFICES: 2005 AND 2004 (Total sales and inventory estimates are shown in millions of dollars. Estimates are based on data from the Monthly Wholesale Trade Survey.) 2005 2005 2004 2005 2004 NAICS Kind of business Nov(p) Oct(r) Nov(r) CUM CUM code Sales, Total....................................... 310748 319366 287448 3302497 3042422 423 Durable Goods....................................... 154077 158213 144695 1650829 1534010 4231 Motor Vehicle and Motor Vehicle Parts and Supplies..... 25355 25166 22922 265067 249887 4232 Furniture and Home Furnishings......................... 5656 5886 5375 59197 56041 4233 Lumber & Other Construction Materials.................. 12220 13042 10912 137107 130149 4234 Professional and Commercial Equipment and Supplies..... 25066 25612 24214 273186 264133 42343 Computer & Computer Peripheral Equipment and Software. 12881 13697 13084 149403 144707 4235 Metals and Minerals, ex. Petroleum..................... 10916 11502 10372 122226 110717 4236 Electrical and Electronic Goods........................ 23476 24122 22406 247989 234587 4237 Hardware, Plumbing and Heating Equipment and Supplies.. 7393 7679 6516 77479 71379 4238 Machinery, Equipment and Supplies...................... 25798 27156 23303 289053 252337 4239 Miscellaneous Durable Goods............................ 18197 18048 18675 179525 164780 424 Nondurable Goods..................................... 156671 161153 142753 1651668 1508412 4241 Paper and Paper Products............................... 7491 7564 6866 78428 72351 4242 Drugs and Druggists' Sundries.......................... 29652 28419 26767 301183 272161 4243 Apparel, Piece Goods, and Notions...................... 10019 10914 8967 107588 100704 4244 Grocery and Related Products........................... 36744 36302 35500 393033 377102 4245 Farm Product Raw Materials............................. 11142 10459 11347 103571 117517 4246 Chemicals and Allied Products.......................... 7109 7114 6369 77275 67788 4247 Petroleum and Petroleum Products....................... 30556 35908 24873 324451 258141 4248 Beer, Wine, and Distilled Alcoholic Beverages.......... 8461 7916 7654 85079 76211 4249 Miscellaneous Nondurable Goods......................... 15497 16557 14410 181060 166437 Inventories, Total.................................. 360180 358428 340126 423 Durable Goods....................................... 226361 225639 212386 4231 Motor Vehicle and Motor Vehicle Parts and Supplies..... 34738 34332 32927 4232 Furniture and Home Furnishings......................... 7747 7928 7378 4233 Lumber & Other Construction Materials.................. 13748 13649 12680 4234 Professional and Commercial Equipment and Supplies..... 29244 29418 29300 42343 Computer & Computer Peripheral Equipment and Software. 10883 11147 11364 4235 Metals and Minerals, ex. Petroleum..................... 18710 18830 19558 4236 Electrical and Electronic Goods........................ 27208 27467 26361 4237 Hardware, Plumbing and Heating Equipment and Supplies.. 13312 13241 12080 4238 Machinery, Equipment and Supplies...................... 57954 56844 49956 4239 Miscellaneous Durable Goods............................ 23700 23930 22146 424 Nondurable Goods..................................... 133819 132789 127740 4241 Paper and Paper Products............................... 7465 7241 6696 4242 Drugs and Druggists' Sundries.......................... 26732 26972 30380 4243 Apparel, Piece Goods, and Notions...................... 15981 16715 15147 4244 Grocery and Related Products........................... 25022 24309 24000 4245 Farm Product Raw Materials............................. 11913 11647 10132 4246 Chemicals and Allied Products.......................... 7623 7512 7017 4247 Petroleum and Petroleum Products....................... 9345 9101 6417 4248 Beer, Wine, and Distilled Alcoholic Beverages.......... 9567 9529 8491 4249 Miscellaneous Nondurable Goods......................... 20171 19763 19460 Inventories/Sales Ratios, Total...................... 1.16 1.12 1.18 423 Durable Goods....................................... 1.47 1.43 1.47 4231 Motor Vehicle and Motor Vehicle Parts and Supplies..... 1.37 1.36 1.44 4232 Furniture and Home Furnishings......................... 1.37 1.35 1.37 4233 Lumber & Other Construction Materials.................. 1.13 1.05 1.16 4234 Professional and Commercial Equipment and Supplies..... 1.17 1.15 1.21 42343 Computer & Computer Peripheral Equipment and Software. 0.84 0.81 0.87 4235 Metals and Minerals, ex. Petroleum..................... 1.71 1.64 1.89 4236 Electrical and Electronic Goods........................ 1.16 1.14 1.18 4237 Hardware, Plumbing and Heating Equipment and Supplies.. 1.80 1.72 1.85 4238 Machinery, Equipment and Supplies...................... 2.25 2.09 2.14 4239 Miscellaneous Durable Goods............................ 1.30 1.33 1.19 424 Nondurable Goods..................................... 0.85 0.82 0.89 4241 Paper and Paper Products............................... 1.00 0.96 0.98 4242 Drugs and Druggists' Sundries.......................... 0.90 0.95 1.13 4243 Apparel, Piece Goods, and Notions...................... 1.60 1.53 1.69 4244 Grocery and Related Products........................... 0.68 0.67 0.68 4245 Farm Product Raw Materials............................. 1.07 1.11 0.89 4246 Chemicals and Allied Products.......................... 1.07 1.06 1.10 4247 Petroleum and Petroleum Products....................... 0.31 0.25 0.26 4248 Beer, Wine, and Distilled Alcoholic Beverages.......... 1.13 1.20 1.11 4249 Miscellaneous Nondurable Goods......................... 1.30 1.19 1.35 (p) PRELIMINARY ESTIMATE. SEE SAMPLE DESIGN AND ESTIMATION PROCEDURES IN ANNUAL BENCHMARK REPORT FOR WHOLESALE TRADE: JANUARY 1992-JANUARY 2005. (r) REVISED. Note: Estimates have not been adjusted for price changes. Information on confidentiality protection, sampling error, nonsampling error, sample design, and definitions may be found at http://www.census.gov/svsd/www/mwtsreliability.html.
TABLE 2B. PERCENT CHANGES IN SALES AND INVENTORIES OF MERCHANT WHOLESALERS, EXCEPT MANUFACTURERS' SALES BRANCHES AND OFFICES UNADJUSTED INVENTORIES, SALES END-OF-MONTH (AT COST) NAICS Kind of business code 11 Months Nov Oct Nov 2005 Nov Oct Nov 2005 2005 2005 from 2005 2005 2005 from from from 11 from from from Oct Sep Nov Months Oct Sep Nov 2005 2005 2004 2004 2005 2005 2004 TOTAL.............................................. -2.7 0.7 8.1 8.5 0.5 1.3 5.9 423 Durable Goods....................................... -2.6 -0.3 6.5 7.6 0.3 1.4 6.6 4231 Motor Vehicle and Motor Vehicle Parts and Supplies..... 0.8 4.5 10.6 6.1 1.2 5.3 5.5 4232 Furniture and Home Furnishings......................... -3.9 2.2 5.2 5.6 -2.3 1.2 5.0 4233 Lumber & Other Construction Materials.................. -6.3 -1.7 12.0 5.3 0.7 0.2 8.4 4234 Professional and Commercial Equipment and Supplies..... -2.1 -11.3 3.5 3.4 -0.6 1.3 -0.2 42343 Computer & Computer Peripheral Equipment and Software. -6.0 -15.6 -1.6 3.2 -2.4 3.2 -4.2 4235 Metals and Minerals, ex. Petroleum..................... -5.1 4.1 5.2 10.4 -0.6 -1.5 -4.3 4236 Electrical and Electronic Goods........................ -2.7 1.5 4.8 5.7 -0.9 -1.7 3.2 4237 Hardware, Plumbing and Heating Equipment and Supplies.. -3.7 5.4 13.5 8.5 0.5 1.4 10.2 4238 Machinery, Equipment and Supplies...................... -5.0 -2.9 10.7 14.6 2.0 0.8 16.0 4239 Miscellaneous Durable Goods............................ 0.8 8.4 -2.6 8.9 -1.0 4.1 7.0 424 Nondurable Goods..................................... -2.8 1.6 9.7 9.5 0.8 1.3 4.8 4241 Paper and Paper Products............................... -1.0 -2.8 9.1 8.4 3.1 -0.4 11.5 4242 Drugs and Druggists' Sundries.......................... 4.3 -3.9 10.8 10.7 -0.9 -2.0 -12.0 4243 Apparel, Piece Goods, and Notions...................... -8.2 7.2 11.7 6.8 -4.4 -2.3 5.5 4244 Grocery and Related Products........................... 1.2 1.2 3.5 4.2 2.9 2.8 4.3 4245 Farm Product Raw Materials............................. 6.5 17.8 -1.8 -11.9 2.3 22.4 17.6 4246 Chemicals and Allied Products.......................... -0.1 -2.3 11.6 14.0 1.5 0.7 8.6 4247 Petroleum and Petroleum Products....................... -14.9 2.8 22.8 25.7 2.7 -7.5 45.6 4248 Beer, Wine, and Distilled Alcoholic Beverages.......... 6.9 -0.4 10.5 11.6 0.4 4.7 12.7 4249 Miscellaneous Nondurable Goods......................... -6.4 2.9 7.5 8.8 2.1 1.1 3.7
Source: U.S.
Census Bureau
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to: Monthly
Wholesale Trade Survey
Last Revised: January 10, 2006
