Quantcast

North Alaska News

Monday, May 20, 2024

Farm product raw materials wholesalers report 8.1 percent increase in August sales

Adobestock 302181503

Adobe Stock

Adobe Stock

Sales by farm product raw materials wholesalers in August were $17.5 billion, an increase of 8.1 percent from the revised July 2020 level, according to a U.S. Census Bureau report which was released in October.

Farm product raw materials wholesalers reported total sales of $16.2 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.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS