US Manufacturing and Trade Sales Slip in December as Inventories Increase


US trade sales and manufacturers’ shipments declined in December, even as inventories posted an increase during the month.

Source: US Census Bureau

The seasonally adjusted total value of distributive trade sales and manufacturers’ shipments for December stood at $1.717 trillion, down 0.7% from November’s $1.729 trillion but higher than the $1.481 trillion in December 2020.

Manufacturers’ sales was recorded at $528.924 billion, retailers’ sales at $553.621 billion, and merchant wholesalers’ at $634.617 billion. All three posted growth from the previous month and the comparable period in 2020.

Seasonally adjusted inventories for the month were estimated at $2.206 trillion, reflecting a 2.1% growth from November 2021 and 10.5% growth from December 2020.

The inventories/sales ratio for the month clocked in at 1.29, up from 1.25 in November but lower than the 1.35 in December 2020.



Industrial Production Gains Steam in January

Previous article

US Homebuilder Sentiment Fell 1 Point for the Second Consecutive Month

Next article

You may also like


Leave a reply

Your email address will not be published.

More in News