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Wholesale trade, March 2019
Wholesale sales rose for the fourth consecutive month, up 1.4% to $64.1 billion in March. Higher sales were recorded in six subsectors, accounting for 82% of total wholesale sales. The motor vehicle and motor vehicle parts and accessories subsector was the lone subsector to decline. Excluding this subsector, wholesale sales were up 2.2% in March. On a quarterly basis, wholesale sales increased 0.7% in the first quarter, on the strength of higher sales in the motor vehicle and motor vehicle parts and accessories subsector in February. In volume terms, wholesale sales increased 1.0% from February to March. Following a ... (full story)