US Census Manufacturing and Trade Inventories and Sales: September 2023
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.
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