The 2020 Mid-Year Economic Update_long

Manufacturing and Trade Shipments Up in September

The U.S. Census Bureau reported that the combined value of distributive trade sales and manufacturers’ shipments and inventories for September was up 0.8% from the same month last year.
trade sales and manufacturers’ shipments and inventories

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 $1,465.1 billion, up 0.8% from September 2019 and up 0.6% from August, according to the U.S. Census Bureau.

Manufacturers’ and trade inventories for September, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,932.8 billion, down 4.7% from September 2019 but up 0.7% from August.

The total business inventories/sales ratio based on seasonally adjusted data at the end of September was 1.32. The September 2019 ratio was 1.40.

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