Wholesale Trade Up 1.4%
CBJ — Wholesale sales rose 1.4% to $64.1 billion in March.
The growth came as sales gained in six of the seven subsectors, accounting for 82% of total wholesale sales.
The building material and supplies subsector gained 4.5% to $9 billion in March, while the machinery, equipment and supplies subsector rose just under 3% to $13.5 billion.
The motor vehicle and motor vehicle parts and accessories subsector was the lone group to fall as it decreased 2% to $11.3 billion. Excluding the subsector, wholesale sales were up 2.2% in March.
Wholesale sales in volume terms rose 1% in March.
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