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The U.S. Census Bureau announced today that July 2016 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 $441.9 billion, down 0.4 percent (+/-0.4%)* from the revised June level and were down 1.0 percent (+/-0.9%) from the July 2015 level. The May 2016 to June 2016 percent change was revised from the preliminary estimate of up 1.9 percent (+/-0.5%) to up 1.7 percent (+/-0.6%). July sales of durable goods were up 0.2 percent (+/-0.5%)* from last month and were up 0.7 percent (+/-1.4%)* from a year ago. Sales of nondurable goods were down 1.0 percent (+/-0.5%) from June and were down 2.6 percent (+/-1.4%) from last July. Sales of petroleum and petroleum products were down 3.5 percent from last month and sales of beer, wine, and distilled alcoholic beverages were down 2.4 percent.
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