Distributive Trade Sales & Manu. Shipments Rose 0.2% in May
Washington, DC, July 18, 2023-The combined value of distributive trade sales and manufacturers’ shipments for May was estimated at $1,822.1 billion, up 0.2% from April 2023, but was down 1.8% from May 2022, according to the U.S. Census Bureau.
Manufacturers’ and trade inventories for May were estimated at an end-of-month level of $2,545.8 billion, up 0.2% from April 2023 and were up 3.5% from May 2022.
The total business inventories/sales ratio based on seasonally adjusted data at the end of May was 1.40. The May 2022 ratio was 1.33.
Related Topics:U.S. Census Bureau