MODERN DISTRIBUTION MANAGEMENT: SEPTEMBER WHOLESALE REVENUES UP SLIGHTLY
Modern Distribution Management posts good news about September’s wholesale revenues: they’re up! Check out the article for more info.
Modern Distribution Management Excerpt:
Wholesale revenues in September 2009 were up 0.7% to $320.2 billion from August, but down 15.2% from September 2008, according to the U.S. Census Bureau.
September sales of durable goods were up 0.7% from last month, but were down 16.2% from a year ago. Sales of nondurable goods were up 0.6% from last month, but were down 14.3% from last year.
Inventories of wholesalers were $377.7 billion at the end of September, down 0.9% from August and down 15% from a year ago.
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End-of-month inventories of durable goods were down 0.9% from last month and were down 16.6% from last September. Inventories of metals and minerals, except petroleum, were down 2.5% from last month and inventories of machinery, equipment, and supplies were down 1.4%.