US wholesale trade sales rise 1.1% in July

By Ovunc Kutlu

ISTANBUL (AA) - Wholesale trade sales in the US increased by 1.1% in July, compared to the previous month, according to Commerce Department figures released Monday.

Wholesale trade sales, also known as the total sales of merchant wholesalers except manufacturers’ sales branches and offices, stood at $671 billion.

The figure for June was revised to from a decline of 0.6% to a decrease of 0.3%.

Annually, wholesale trade sales in July were up 2.9%, compared to the same month in 2023.