Wholesale Inventories increased by 1.3% in July to $405.0 billion, higher than the expected 0.4% increase, following an increase of 0.3% in June, and are up by 2.5% from a year ago. Wholesale Sales had increased by 0.6% in July to $350.1 billion and were up 12.7% over the year. Sales of durable goods were down up 0.5% and sales of nondurable goods were up 0.6% over the month. The Inventory/Sales ratio was at 1.16, lower than the 1.27 ratio in July of 2009.
 
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