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ANNUAL WHOLESALE TRADE SURVEY

PURPOSE

To provide detailed industry measures of sales and inventories for wholesale trade activities. The United States Code, Title 13, authorizes this survey and provides for mandatory responses.

COVERAGE

Companies with employment that are primarily engaged in merchant wholesale trade in the U.S. These include merchant wholesalers that take title of the goods they sell, and jobbers, industrial distributors, exporters, and importers. Excluded are non-merchant wholesalers such as manufacturer sales branches and offices; agents, merchandise or commodity brokers, and commission merchants; and businesses whose primary activity is other than wholesale trade.

CONTENT

Companies provide data on dollar value of annual sales, end-of-year inventories and methods of inventory valuation, and purchases and gross margins.

FREQUENCY

Collected data are for activity taking place throughout the calendar year; collected data are for activity taking place throughout the calendar year. Survey has been conducted annually since 1978. New samples are chosen every 5 years and are updated quarterly.

METHODS

A mail-out/mail-back survey of about 6,500 wholesale companies and Employer Identification Numbers (EINs) that are selected for the monthly wholesale trade survey plus additional cases canvassed only on the annual survey.

PRODUCTS

The Annual Benchmark Report for Wholesale Trade is released annually each spring. This report contains estimated annual sales, monthly and year-end inventories, inventory/sales ratios, purchases, gross margins, and gross margin/sales ratios by kind of business. Annual estimates are benchmarked to the most recent census of wholesale trade. Monthly sales and inventories estimates are then benchmarked to the annual estimates. Monthly estimates, both seasonally adjusted and unadjusted, are also presented.

USES

The Bureau of Economic Analysis uses the estimates as an input to estimate sales and inventories for the Gross Domestic Product. The Council of Economic Advisers uses the estimates for assessing near term economic activity. The Department of the Treasury uses the estimates to research economic trends. The Census Bureau uses the data to benchmark results from the monthly wholesale trade survey.

Individual businesses use the estimates to gauge their sales to the overall industry. National associations use the estimates as a leading indicator in forecasting future demand. They also use the annual estimates to benchmark their own sampling operations.

SPECIAL FEATURES

Provides the only source of current purchases and gross margin data for merchant wholesalers.

RELATED PROGRAMS

o Economic Census

o Monthly Wholesale Trade Survey

o Quarterly Financial Report

o Business and Professional Classification Survey


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You are here: Economic Programs Overview -> Wholesale -> Annual Wholesale Trade Survey

Last revised: Thursday, 27-Jul-2006 11:10:46 EDT