Distrib. Trade Sales & Manufacturer Shipment Rose 0.6% in July
Washington, DC, September 14, 2023-The combined value of distributive trade sales and manufacturers’ shipments for July was estimated at $1,828.4 billion, up 0.6% from June 2023, but was down 1.2% rom July 2022, according to the U.S. Census Bureau.
Manufacturers’ and trade inventories for July were estimated at an end-of-month level of $2,538.1 billion, virtually unchanged from June 2023, but were up 1.4% from July 2022.
The total business inventories/sales ratio based on seasonally adjusted data at the end of July was 1.39. The July 2022 ratio was 1.35.
Related Topics:U.S. Census Bureau