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…into one of three groups: merchant wholesalers, brokers and agents, and manufacturers’ and retailers’ branches and offices. Read Morerole in wholesaling
Merchant Wholesalers, Durable Goods: NAICS 423On This Page
About the Merchant Wholesalers, Durable Goods subsectorThe merchant wholesalers, durable goods subsector is part of the wholesale trade sector. Industries in the Merchant Wholesalers, Durable Goods subsector sell capital or durable goods to other businesses. Merchant wholesalers generally take title to the goods that they sell; in other words, they buy and sell goods on their own account. Durable goods are new or used items generally with a normal life expectancy of three years or more. Durable goods merchant wholesale trade establishments are engaged in wholesaling products, such as motor vehicles, furniture, construction materials, machinery and equipment (including household-type appliances), metals and minerals (except petroleum), sporting goods, toys and hobby goods, recyclable materials, and parts. North American Industry Classification System The merchant wholesalers, durable goods subsector consists of these industry groups:
Workforce StatisticsThis section provides information relating to employment in merchant wholesalers, durable goods. These data are obtained from employer or establishment surveys. The following tables present an overview of the industry including the number of jobs, data for occupations common to the industry, and projections of occupational employment change. Employment
(Source: Current Employment Statistics) Employment by Occupation
(Source: Occupational Employment and Wage Statistics) ProjectionsFor projected (future) employment estimates, see the National Employment Matrix, which includes employment estimates by industry and occupation for merchant wholesalers, durable goods. (Source: Office of Occupational Statistics and Employment Projections) Earnings and HoursThis section presents data on employee earnings and weekly hours. The latest industry averages of hourly earnings and weekly hours are shown. In addition, recent hourly and annual earnings are shown for occupations commonly found in merchant wholesalers, durable goods. Earnings and Hours of All Employees
(Source: Current Employment Statistics) Earnings and Hours of Production and Nonsupervisory Employees
(Source: Current Employment Statistics) Earnings by Occupation
(Source: Occupational Employment and Wage Statistics) Work-related Fatalities, Injuries, and IllnessesThis section presents data for the industry on the number of workplace fatalities and the rates of workplace injuries and illnesses per 100 full-time workers in merchant wholesalers, durable goods. An injury or illness is considered to be work-related if an event or exposure in the work environment either caused or contributed to the resulting condition or significantly aggravated a pre-existing condition.
(Source: Injuries, Illnesses, and Fatalities) PricesThis section provides industry-specific pricing information. The producer price index measures the percentage change in prices that domestic producers receive for goods and services. The prices included in the producer price index are from the first commercial transaction.
(Source: Producer Price Indexes) Workplace TrendsThis section presents data on the number of establishments in merchant wholesalers, durable goods. Also included in this section is information on productivity, presented as the rate of change in output per hour of workers in the industry. Establishments
(Source: Quarterly Census of Employment and Wages) Productivity
(Source: Productivity and Costs) Data extracted on: November 18, 2022 What is the most common type of wholesaler?Merchant wholesalers are the most common type of wholesalers who buy all sorts of different and profitable items from different manufacturers, store them, and sell them to the retailers.
What are types of merchant wholesalers?Generally, there are two types of merchant wholesalers: full-service wholesalers and limited-service wholesalers.
Are the largest single group of wholesalers?Merchant wholesalers are the largest single group of wholesalers, accounting for roughly 50 percent of all wholesaling. Merchant wholesalers include two broad types: a. Full-service wholesalers provide a full set of services.
What is an example of a merchant wholesaler?Merchants wholesalers are known by a variety of trade designations depending on their relationship with suppliers or customers, or the distribution method they employ. Examples include wholesale merchants, wholesale distributors, drop shippers, rack-jobbers, import-export merchants, and banner wholesalers.
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Which type of merchant wholesaler comprises the largest percentage of merchant wholesalers
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