Greensboro Reporter

Greensboro Reporter

Monday, April 6, 2020

Grocery and related products wholesalers report 5 percent increase in year-over-year July sales


By Metric Media News Service | Nov 30, 2019

Sales by grocery and related products wholesalers in July 2019 were $56.3 billion, an increase of 5 percent from the same period a year earlier, according to the U.S. Census Bureau.

Grocery and related products wholesalers reported total sales of $53.6 billion in July 2018. The data is after adjustment for seasonal variations and trading day differences, but not for price changes.

The Census Bureau conducts a monthly wholesale trade survey in order to provide an up-to-date indication of sales and inventory trends for U.S. merchant wholesalers, excluding manufacturers' sales branches and offices.

The survey is considered to be a reliable measure of current economic activity.

Information requested in the survey includes monthly sales reports, end-of-month inventories, number of establishments covered by the report, and the ending date of the reporting period.

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