Distributive Trade Sales & Manufacturer Shipments Up 0.3% in August
Washington, DC, October 14, 2022-The combined value of distributive trade sales and manufacturers’ shipments for August was estimated at $1,843.2 billion, up 0.3% from July 2022 and was up 12.6% from August 2021, according to the U.S. Census Bureau.
Manufacturers’ and trade inventories for August were estimated at an end-of-month level of $2,453.2 billion, up 0.8% from July 2022 and were up 18.2% from August 2021.
The total business inventories/sales ratio based on seasonally adjusted data at the end of August was 1.33. The August 2021 ratio was 1.27.
Related Topics:U.S. Census Bureau