Chart 1
Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and oilseed and grain) decrease in November

billions of dollars 55 60 65 70 75 80 85 90 Nov. 2020 2021 2022 2023 2024 Nov. 2025 Current dollarsCurrent dollars Trend cycle (current dollars)Trend cycle (current dollars) Chained (2012) dollarsChained (2012) dollars Trend cycle (2012 chained dollars)Trend cycle (2012 chained dollars)
Note(s):
The higher variability associated with the trend-cycle estimates is indicated on the chart with a dotted line for the current reference month and the previous three months. For more information, see the Note to readers.
Source(s):

Chart description


This is a line chart.

Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and oilseed and grain) decrease in November, billions of dollars
  Current dollars Trend cycle (current dollars) Chained (2012) dollars Trend cycle (2012 chained dollars)
November 2020 67.104 67.506 60.494 60.775
December 2020 66.859 67.828 60.144 60.680
January 2021 68.728 68.607 61.090 60.899
February 2021 68.643 69.492 60.272 61.139
March 2021 71.083 70.351 62.117 61.341
April 2021 71.754 71.017 61.996 61.355
May 2021 72.286 71.480 61.723 61.207
June 2021 72.066 71.771 60.914 60.949
July 2021 71.239 72.092 60.158 60.789
August 2021 71.404 72.710 59.961 60.866
September 2021 73.068 73.665 60.729 61.186
October 2021 74.930 74.963 61.647 61.756
November 2021 77.068 76.389 63.016 62.369
December 2021 78.048 77.691 63.430 62.802
January 2022 79.426 78.791 63.432 62.996
February 2022 79.609 79.518 62.974 62.895
March 2022 80.164 79.974 62.594 62.604
April 2022 80.158 80.249 62.035 62.245
May 2022 80.268 80.544 61.562 61.988
June 2022 81.076 80.919 62.039 61.904
July 2022 80.489 81.205 61.436 61.841
August 2022 81.385 81.691 61.998 61.990
September 2022 82.033 82.175 62.116 62.208
October 2022 83.703 82.578 63.265 62.407
November 2022 82.257 82.757 61.945 62.452
December 2022 81.751 82.868 61.628 62.474
January 2023 84.940 82.892 64.092 62.428
February 2023 82.738 82.621 62.540 62.183
March 2023 81.781 82.404 61.281 61.992
April 2023 81.008 82.220 60.672 61.860
May 2023 83.359 82.256 62.768 61.955
June 2023 81.653 82.278 61.528 62.064
July 2023 81.965 82.402 62.314 62.274
August 2023 83.594 82.641 63.252 62.558
September 2023 82.877 82.827 62.684 62.809
October 2023 82.283 82.798 62.419 62.882
November 2023 83.092 82.735 63.150 62.900
December 2023 83.082 82.783 63.417 62.964
January 2024 82.588 82.685 62.825 62.848
February 2024 82.369 82.652 62.701 62.735
March 2024 81.496 82.690 61.795 62.607
April 2024 84.138 82.714 63.297 62.469
May 2024 83.156 82.661 62.574 62.317
June 2024 82.208 82.609 61.796 62.212
July 2024 82.486 82.552 62.078 62.166
August 2024 81.929 82.652 61.673 62.232
September 2024 82.576 82.898 62.481 62.391
October 2024 83.864 83.319 63.126 62.610
November 2024 83.575 83.906 62.628 62.891
December 2024 84.129 84.410 62.856 63.089
January 2025 85.180 84.779 63.377 63.204
February 2025 85.722 85.029 63.688 63.274
March 2025 86.149 85.058 63.918 63.231
April 2025 84.047 84.953 62.499 63.155
May 2025 83.831 85.020 62.376 63.206
June 2025 84.851 85.120 63.138 63.213
July 2025 86.292 85.284 64.111 63.236
August 2025 85.427 85.420 63.326 63.207
September 2025 85.717 85.497 63.363 63.101
October 2025 86.032 85.545 63.084 62.967
November 2025 84.449 85.440 61.648 62.730
Note(s):
The higher variability associated with the trend-cycle estimates is indicated on the chart with a dotted line for the current reference month and the previous three months. For more information, see the Note to readers.
Source(s):
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