Wholesale trade

{
  "id": "MLC-T-ECS-002139",
  "term": "Wholesale trade",
  "field": "Economic statistics",
  "term_source": "Wholesale Trade",
  "definition": "The Wholesale Trade sector comprises establishments engaged in wholesaling merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. The wholesaling process is an intermediate step in the distribution of merchandise. Wholesalers are organized to sell or arrange the purchase or sale of (a) goods for resale (i.e., goods sold to other wholesalers or retailers), (b) capital or durable nonconsumer goods, and (c) raw and intermediate materials and supplies used in production.\n\nWholesale Trade establishments are classified in the North American Industry Classification System as Sector 42.",
  "see_also": [
    "North American Industry Classification System"
  ],
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/wholesale-trade/"
}