According to MDM, wholesale revenues in June were $506.7 billion, up 10.2 percent from June 2017 and down 0.1 percent from May. June sales of durable goods were up 0.2 percent over last month and up 9.9 percent from a year ago. Sales of nondurable goods were down 0.3 percent over May and up 10.6 percent from last June.
Inventories were $632.4 billion at the end of June, up 0.1 percent from the revised May level and up 5.1 percent from last year. June inventories of durable goods were up 0.8 percent from last month and up 6.2 percent from a year ago. Inventories of nondurable goods were down 1 percent from May and up 3.3 percent from last June.
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