Distributive Trade Sales & Manufacturer Shipments Up 1.3% in August
Washington, DC, October 17, 2023-The combined value of distributive trade sales and manufacturers’ shipments for August was estimated at $1,857.2 billion, up 1.3% from July 2023 and was up 0.2% from August 2022, according to the U.S. Census Bureau.
Manufacturers’ and trade inventories for August were estimated at an end-of-month level of $2,548.7 billion, up 0.4% from July 2023 and were up 1.0% from August 2022.
The total business inventories/sales ratio based on seasonally adjusted data at the end of August was 1.37. The August 2022 ratio was 1.36.
Related Topics:U.S. Census Bureau