Distrib. Trade Sales & Manufacturer Shipments Rose 1.6% in Feb.
Washington, DC, April 15, 2024-The combined value of distributive trade sales and manufacturers’ shipments for February was estimated at $1,866.5 billion, up 1.6% from January 2024 and was up 1.0% from February 2023, according to the U.S. Census Bureau.
Manufacturers’ and trade inventories for February were estimated at an end-of-month level of $2,567.5 billion, up 0.4% from January 2024 and were up 1.0% from February 2023.
The total business inventories/sales ratio based on seasonally adjusted data at the end of February was 1.38. The February 2023 ratio was 1.37.
Related Topics:U.S. Census Bureau