U.S. combined value of distributive trade sales and manufacturers’ shipments for August 2023, adjusted for seasonal and trading day differences but not for price changes, 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.
Inventories
Manufacturers’ and trade inventories for August 2023, adjusted for seasonal and trading day differences but not for price changes, were estimated at an end-of-month level of $2,548.7 billion, up 0.4% from July 2023 and were up 1% from August 2022.
Inventories/Sales Ratio
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.
