Summary of Findings


Texas had 36,611 wholesale establishments in 1992 with $281.3
billion in sales. This represents a 4.5 percent increase in wholesale
establishments and a 46.3 percent increase in sales over 1987 according
to the 1992 Census of Wholesale Trade conducted by the Bureau of the
Census, U.S. Department of Commerce. 

Merchant wholesalers accounted for 82.7 percent or 30,274 of the total
establishments and 52.0 percent or $146.1 billion of the total sales in
1992 compared with 82.2 percent of the establishments and 53.9 percent
of the sales in 1987. Manufacturers' sales branches and offices with
3,243 establishments and $106.2 billion in sales and agents, brokers,
and commission merchants with 3,094 establishments and $28.9 billion in
sales made up the rest of the wholesale trade total in 1992. 

Petroleum products wholesalers except bulk stations and terminals were
the largest group of wholesalers by kind of business in terms of sales
with $51.4 billion followed by petroleum bulk stations and terminals
with $29.8 billion and automobiles and other motor vehicles wholesalers
with $19.5 billion. Out of 69 kind of business groups, these three
accounted for 35.8 percent of the total sales in the State. 

Annual payroll for all wholesalers in the State was up from $9.1
billion in 1987 to $11.8 billion in 1992. Merchant wholesalers had
annual payroll of $8.3 billion in 1992 while manufacturers' sales
branches and offices recorded $2.9 billion and agents, brokers, and
commission merchants had $611.0 million. 

Employment by all wholesalers in Texas as of mid-March 1992 was
408,925, an increase of 3.2 percent since 1987. Merchant wholesalers
with 313,398 employees accounted for 76.6 percent of the total
wholesale employment in 1992 compared with 77.3 percent in 1987. 

Inventories of $15.7 billion were held at wholesale establishments in
the State at the end of 1992. Merchant wholesalers held 78.8 percent of
these inventories while manufacturers' sales branches and sales offices
held 20.9 percent and agent, brokers, and commission merchants held .3
percent. Inventories of all wholesalers increased during 1992 by 5.6
percent while those of merchant wholesalers increased 5.0 percent. 

Payroll per employee in the State averaged $28.9 thousand for all
wholesalers in 1992, an increase of 25.6 percent since 1987. Merchant
wholesalers averaged $26.5 thousand per employee while manufacturers'
sales branches and offices was $38.5 thousand and agents, brokers, and
commission merchants were $30.3 thousand in 1992. 

Annual payroll as a percent of operating expenses for all wholesalers
decreased from 48.4 percent in 1987 to 47.2 percent in 1992. The ratio
for merchant wholesalers was 47.3 percent; for manufacturers' sales
branches and offices it was 46.2 percent; and for agents, brokers and
commission merchants it was 52.5 percent.