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Home » Distribution Industry News » April 2023 Wholesale Trade Revenues Down 3.4% YOY

Date

  • Published on: June 13, 2023

Author

  • Distribution Strategy Group Distribution Strategy Group

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Distribution Industry News

April 2023 Wholesale Trade Revenues Down 3.4% YOY

According to the U.S. Census Bureau, U.S. wholesale trade revenues, except manufacturers’ sales branches and offices, were $652.8 billion in April 2023, up 0.2% from the revised March level and down 3.4% from the prior-year period. 

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Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, were $915.7 billion at the end of April, down 0.1% from the revised March level. Total inventories were up 6.3% from the revised April 2023 level.   

The April inventories/sales ratio was 1.40. The April 2022 ratio was 1.27.  

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