Sales
The combined value of distributive trade sales and manufacturers’ shipments for September, adjusted for seasonal and trading day differences but not for price changes, was estimated at $1,879.3 billion, up 1.1 percent (±0.2 percent) from August 2023 and was up 1.6 percent (±0.2 percent) from September 2022.
Inventories
Manufacturers’ and trade inventories for September, adjusted for seasonal and trading day differences but not for price changes, were estimated at an end-of-month level of $2,559.2 billion, up 0.4 percent (±0.1 percent) from August 2023 and were up 1.3 percent (±0.4 percent) from September 2022.
Inventories/Sales Ratio
The total business inventories/sales ratio based on seasonally adjusted data at the end of September was 1.36. The September 2022 ratio was 1.37.
Read full report:
US Census MFG 9-23 ReportRELATED CONTENT:
Fastener News, Fastener News Desk, Fastener News Podcast, Featured, ReportsManufacturing PMI® at 46.7%; October 2023 Manufacturing ISM® Report On Business®
