Metals and non-petroleum minerals wholesalers report 6.1 percent increase in year-over-year July sales

Sales by metals and non-petroleum minerals wholesalers in July 2019 were $14.7 billion, an increase of 6.1 percent from the same period a year earlier, according to the U.S. Census Bureau.

Metals and non-petroleum minerals wholesalers reported total sales of $15.6 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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