Distrib. Trade Sales & Manu. Shipments Up 0.7% in November
Washington, DC, January 16, 2020-The combined value of distributive trade sales and manufacturers’ shipments for November was estimated at $1,465.7 billion, up 0.7% from October 2019 and was up 1.0% from November 2018, according the U.S. Census Bureau.
Manufacturers’ and trade inventories for November were estimated at an end-of-month level of $2,037.4 billion, down 0.2% from October 2019, but were up 2.8% from November 2018.
The total business inventories/sales ratio based on seasonally adjusted data at the end of November was 1.39. The November 2018 ratio was 1.37.