Distributor Sales Slid 0.1% in August
Washington, DC, October 15, 2021-The combined value of distributive trade sales and manufacturers’ shipments for August was estimated at $1,652.4 billion, down 0.1% from July 2021, but was up 15.3% from August 2020.
Manufacturers’ and trade inventories for August were estimated at an end-of-month level of $2,083.9 billion, up 0.6% from July 2021 and were up 7.4% from August 2020.
The total business inventories/sales ratio based on seasonally adjusted data at the end of August was 1.26. The August 2020 ratio was 1.35.