December sales of durable goods were up 2.4 percent compared to November 13.3 percent compared to 2010, according to the latest data from the U.S. Census Bureau.
Sales of lumber and other construction materials were up 9.3 percent compared to the previous month and sales of metals and minerals, except petroleum were up 6.5 percent. Sales of nondurable goods were up 0.4 percent compared to November and were up 10.7 percent compared to 2010. Sales of grocery and related products were up 1.9 percent month to month. Total wholesale inventories were $473.2 billion at the end of December, up 1 percent from the revised November level and 10 percent compared to December 2010. December inventories of durable goods were up 0.7 percent month to month and 10.6 percent year over year. Inventories of motor vehicle and motor vehicle parts and supplies were up 2.8 percent month to month.
Inventories of nondurable goods were up 1.3 percent compared to November and 9.3 percent compared to December 2010. Inventories of petroleum and petroleum products were up 2.2 percent month to month and inventories of drugs and druggists’ sundries were up 2.1 percent.