Wholesale trade produced a net total of $71.1 trillion in sales in 2021. This is a 22% increase from the previous year. An MDM blog gives more information about the sector.
2021 was a record year for wholesale trade. Sales numbers even beat out pre-pandemic sales. In 2019, the industry saw $6.1 trillion total in wholesale revenue. This is much lower than the 2021 numbers. This gives the sector a positive outlook for 2022, even if there are still obstacles that may arise. Inflation continues to impact the overall U.S. economy. The Consumer price index rose 0.6% this January. To learn more about the 2021 data and 2022 outlook check out the link below.