Distrib. Trade Sales & Manu. Shipments Up 0.4% in December

Washington, DC, February 15, 2024- The combined value of distributive trade sales and manufacturers’ shipments for December was estimated at $1,863.6 billion, up 0.4% from November 2023 and was up 2.2% from December 2022, according to the U.S. Census Bureau.

Manufacturers’ and trade inventories for December, adjusted for seasonal and trading day differences but not for price changes, were estimated at an end-of-month level of $2,556.0 billion, up 0.4 percent (±0.1 percent) from November 2023 and were up 0.4 percent (±0.5 percent)* from December 2022.

The total business inventories/sales ratio based on seasonally adjusted data at the end of December was 1.37. The December 2022 ratio was 1.40.