Distrib. Trade Sales & Manu. Shipments Unchanged in May

Washington, DC, July 16, 2024- The combined value of distributive trade sales and manufacturers’ shipments for May was estimated at $1,861.4 billion, virtually unchanged from April 2024 but up 2.0% from May 2023, according to the U.S. Census Bureau.

Manufacturers’ and trade inventories for May were estimated at an end-of-month level of $2,558.5 billion, up 0.5% from April 2024 and were up 1.6% from May 2023.

The total business inventories/sales ratio based on seasonally adjusted data at the end of May was 1.37. The May 2023 ratio was 1.38.