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Petroleum and petroleum products wholesalers report $57.8 billion in October sales

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By Metric Media News Service | Feb 21, 2020

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Sales by petroleum and petroleum products wholesalers in October 2019 were $57.8 billion, according to a U.S. Census Bureau report.

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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U.S. Census Bureau

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