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Wholesale trade is an economic indicator that measures the value in U.S. dollars of all merchant wholesalers' sales and inventories. Wholesale trade is one component of business sales and inventories. Only those firms that sell to governments, institutions, and other businesses are considered part of wholesale trade.
According to the Bureau of Labor Statistics (BLS), the wholesale trade sector includes the sale of merchandise that is outputted from manufacturing, agriculture, mining, publishing, and some other information industries.