Distributive Trade Sales & Manu. Shipments Down 5.2% in March
Washington, DC, May 15, 2020-The combined value of distributive trade sales and manufacturers’ shipments for March was estimated at $1,386.1 billion, down 5.2% from February 2020 and was down 4.9% from March 2019, according to the U.S. Census Bureau.
Manufacturers’ and trade inventories for March down 0.2% from February 2020 and were down 0.3% from March 2019.
The total business inventories/sales ratio based on seasonally adjusted data at the end of March was 1.45. The March 2019 ratio was 1.38.
Related Topics:U.S. Census Bureau