Wholesale Trade Industry

Wholesale Trade Industry

The wholesale industry includes all units mainly engaged in wholesale trade. The term wholesale trade is used in the broad sense to include the resale (as agents or principals) of new or used goods to business or to institutional (including Government) users. Businesses mainly engaged in wholesale trade are wholesale merchants who take title to the goods they sell; separate sales branches (not being retail stores) operated by manufacturing enterprises; commission agents; import and export agents and purchasing agents; petroleum products and distributors; and cooperatives and marketing boards engaged in marketing farm products. Businesses mainly engaged in reselling their own goods by auction are included. Note: Non-employing businesses are not included