Distributive Trade Sales Rose 0.5% in July
Washington, DC, September 16, 2021-The combined value of distributive trade sales and manufacturers’ shipments for July was estimated at $1,652.2 billion, up 0.5% from June 2021 and was up 16.3% from July 2020, according to the U.S. Census Bureau.
Manufacturers’ and trade inventories for July were estimated at an end-of-month level of $2,069.5 billion, up 0.5% from June 2021 and were up 7.2% from July 2020.
The total business inventories/sales ratio based on seasonally adjusted data at the end of July was 1.25. The July 2020 ratio was 1.36.
Related Topics:U.S. Census Bureau