Distrib. Trade Sales & Manufacturer Shipments Rose 0.8% in Oct.
Washington, DC, December 15, 2022-The combined value of distributive trade sales and manufacturers’ shipments for October was estimated at $1,859.5 billion, up 0.8% from September 2022 and was up 10.1% from October 2021, according to the U.S. Census Bureau.
Manufacturers’ and trade inventories for October were estimated at an end-of-month level of $2,468.3 billion, up 0.3% from September 2022 and were up 16.5% from October 2021.
The total business inventories/sales ratio based on seasonally adjusted data at the end of October was 1.33. The October 2021 ratio was 1.25.
Related Topics:U.S. Census Bureau