Distributive Trade Sales Rose 4.7% in January
Washington, DC, March 16, 2021- The combined value of distributive trade sales and manufacturers’ shipments for January was estimated at $1,568.5 billion, up 4.7% from December 2020 and was up 7.1% from January 2020, according to the U.S. Census Bureau.
Manufacturers’ and trade inventories for January were estimated at an end-of-month level of $1,982.4 billion, up 0.3% from December 2020, but were down 1.8% from January 2020.
The total business inventories/sales ratio based on seasonally adjusted data at the end of January was 1.26. The January 2020 ratio was 1.38.
Related Topics:U.S. Census Bureau