US wholesale trade sales fall 1.3% in October

By Ovunc Kutlu

ISTANBUL (AA) - Wholesale trade sales in the US fell 1.3% in October, compared to the previous month, according to Commerce Department figures released Thursday.

Wholesale trade sales, also known as the total sales of merchant wholesalers except manufacturers’ sales branches and offices, stood at $667.9 billion.

The figure for September was revised from the preliminary estimate of a 2.2% increase to a gain of 2%.

Wholesale trade sales in October were down 0.4%, compared to the same month last year.