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Market Update : 
Wholesale Trade Drops 1% in August
Author: 123jump.com Staff
123jump.com
Last Update: 10:20 AM ET October 09 2008



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The U.S. Census Bureau announced today that August 2008 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 $404.9 billion, down 1% from the revised July level, but up 13.4% from the August 2007 level. The July preliminary estimate was revised downward $1.7 billion or 0.4%.

 

 

 

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