Merchant Wholesalers, Except Manufacturers' Sales Branches and Offices: Nondurable Goods: Petroleum and Petroleum Products Sales
This dataset tracks merchant wholesalers, except manufacturers' sales branches and offices: nondurable goods: petroleum and petroleum products sales over time.
Latest Value
72964.00
Year-over-Year Change
-7.45%
Date Range
1/1/1992 - 6/1/2025
Summary
This economic trend tracks sales of petroleum and petroleum products by merchant wholesalers, excluding manufacturers' sales branches and offices. It provides insight into the wholesale petroleum industry and broader energy market dynamics.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Merchant Wholesalers, Except Manufacturers' Sales Branches and Offices: Nondurable Goods: Petroleum and Petroleum Products Sales series measures the monthly dollar value of sales for wholesalers of petroleum and related products. This serves as an important indicator of wholesale energy market conditions and can inform analysis of consumer and industrial energy usage.
Methodology
The data is collected through monthly surveys of merchant wholesale trade establishments by the U.S. Census Bureau.
Historical Context
This metric is closely watched by policymakers, market analysts, and industry participants to gauge trends in energy supply, distribution, and pricing.
Key Facts
- Wholesale petroleum sales account for a significant portion of the U.S. energy market.
- This metric provides a timely gauge of energy distribution and supply conditions.
- Petroleum and related products are a major component of nondurable wholesale trade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly dollar value of sales for merchant wholesalers of petroleum and related nondurable products, excluding manufacturers' sales branches and offices.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into wholesale energy market conditions and can inform analysis of broader energy supply, distribution, and pricing trends.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of merchant wholesale trade establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This metric is closely watched by policymakers, market analysts, and industry participants to gauge trends in energy supply, distribution, and pricing.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and may be subject to revision.
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Citation
U.S. Federal Reserve, Merchant Wholesalers, Except Manufacturers' Sales Branches and Offices: Nondurable Goods: Petroleum and Petroleum Products Sales (S4247SM144SCEN), retrieved from FRED.