Distrib. Trade Sales & Manu. Shipments Down 1.0% in October

Washington, DC, December 14, 2023-The combined value of distributive trade sales and manufacturers’ shipments for October was estimated at $1,856.2 billion, down 1.0% from September 2023 and was down 0.2% from October 2022, according to the U.S. Census Bureau.

Manufacturers’ and trade inventories for October were estimated at an end-of-month level of $2,550.0 billion, down 0.1% from September 2023, but were up 0.6% from October 2022.

The total business inventories/sales ratio based on seasonally adjusted data at the end of October was 1.37. The October 2022 ratio was 1.36.