Hickory Sun

Hickory Sun

Saturday, March 28, 2020

Farm product raw materials wholesalers report 2.7 percent increase in December sales


By Metric Media News Service | Mar 21, 2020

Adobestock 289742637

Sales by farm product raw materials wholesalers in December were $17.6 billion, an increase of 2.7 percent from the revised November 2019 level, according to a U.S. Census Bureau report which was released in February.

Farm product raw materials wholesalers reported total sales of $17.1 billion the previous month.

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.

Want to get notified whenever we write about U.S. Census Bureau ?

Sign-up Next time we write about U.S. Census Bureau, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

U.S. Census Bureau

More News