The Wholesale Trade sector comprises establishments engaged in wholesaling merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. The merchandise described in this sector includes the outputs of agriculture, mining, manufacturing, and certain information industries, such as publishing.
The wholesaling process is an intermediate step in the distribution of merchandise. (more...)
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.
Wholesalers sell merchandise to other businesses and normally operate from a warehouse or office. These warehouses and offices are characterized by having little or no display of merchandise. In addition, neither the design nor the location of the premises is intended to solicit walk-in traffic. Wholesalers do not normally use advertising directed to the general public. Customers are generally reached initially via telephone, in-person marketing, or by specialized advertising that may include Internet and other electronic means. Follow-up orders are either vendor-initiated or client-initiated, generally based on previous sales, and typically exhibit strong ties between sellers and buyers. In fact, transactions are often conducted between wholesalers and clients that have long-standing business relationships.
This sector comprises two main types of wholesalers: merchant wholesalers that sell goods on their own account and business to business electronic markets, agents, and brokers that arrange sales and purchases for others generally for a commission or fee.
(1) Establishments that sell goods on their own account are known as wholesale merchants, distributors, jobbers, drop shippers, and import/export merchants. These establishments typically maintain their own warehouse, where they receive and handle goods for their customers. Goods are generally sold without transformation, but may include integral functions, such as sorting, packaging, labeling, and other marketing services.
(2) Establishments arranging for the purchase or sale of goods owned by others or purchasing goods, generally on a commission basis are known as business to business electronic markets, agents and brokers, commission merchants, import/export agents and brokers, auction companies, and manufacturers' representatives. These establishments operate from offices and generally do not own or handle the goods they sell.
Some wholesale establishments may be connected with a single manufacturer and promote and sell the particular manufacturers' products to a wide range of other wholesalers or retailers. Other wholesalers may be connected to a retail chain, or limited number of retail chains, and only provide a variety of products needed by that particular retail operation(s). These wholesalers may obtain the products from a wide range of manufacturers. Still other wholesalers may not take title to the goods, but act as agents and brokers for a commission.
Although, in general, wholesaling normally denotes sales in large volumes, durable nonconsumer goods may be sold in single units. Sales of capital or durable nonconsumer goods used in the production of goods and services, such as farm machinery, medium and heavy duty trucks, and industrial machinery, are always included in wholesale trade.
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Employment, Payroll and Business Establishments
for NAICS 42 - Wholesale Trade
in the Oregon-Washington WIRED Region
Year
Avg Emp
Total Payroll
Avg Pay per Worker
Business Estabs.
2003
57,521
$3,037,011,003
$52,798
5,881
2004
58,031
$3,290,453,928
$56,702
5,795
2005
60,038
$3,556,740,065
$59,241
5,894
2006
61,038
$3,769,659,018
$61,759
6,102
2007
62,220
$4,028,946,536
$64,753
6,260
2008
61,957
$4,052,022,366
$65,401
6,316
2009
58,541
$3,805,401,467
$65,004
5,973
The above data is taken from quarterly unemployment tax records.
Employment changes between December and January of each year may be due in part to corrections to industry classification and/or geographic classification of some firms.
Source: Oregon Employment Department
Location Quotient: The ratio of the local percentage of employment in a given industry to the national percentage of employment in the same industry.
An LQ greater than 1 indicates a higher-than-average concentration of employment in the given industry.
National Growth: The change in local employment that would have occurred for a specific industry had
it grown at the national growth rate of all industries combined.
Industry Mix: The additional gain (or loss) in local employment that would have occurred for a specific
industry (additional to the national growth effect) due to the industry growing faster (or slower) nationally
than the rate of all industries combined.
Regional Shift: The additional gain (or loss) in local employment for a specific industry beyond the national
growth and industry mix effects resulting from the industry growing faster (or slower) than the same
industry nationally.
Source: Oregon Employment Department
Industry Staffing Patterns: Major Occupations
related to NAICS 42 - Wholesale Trade in the Oregon-Washington WIRED Region
Occupational experience is largely self-reported.
Applicants counts include only those registered with the Oregon Employment Department.
They do not represent all job applicants across the WIRED region.
Applicants may be listed under multiple occupational categories, so summing applicant counts across occupational classifications will result in some double-counting.
Source: Oregon Employment Department
Job Vacancies
related to NAICS 42 - Wholesale Trade in the Oregon-Washington WIRED Region, Fall 2010