Distributive Trade Sales & Manu. Shipments Rose 14.4% YOY in May
Washington, DC, July 15, 2022-The combined value of distributive trade sales and manufacturers’ shipments for May was estimated at $1,829.1 billion, up 0.7% from April 2022 and was up 14.4% from May 2021, according to the U.S. Census Bureau.
Manufacturers’ and trade inventories for May were estimated at an end-of-month level of $2,381.9 billion, up 1.4% from April 2022 and were up 17.7% from May 2021.
The total business inventories/sales ratio based on seasonally adjusted data at the end of May was 1.30. The May 2021 ratio was 1.27.
Related Topics:U.S. Census Bureau