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Manufacturing and trade inventories and sales, July 2023
The U.S. Census Bureau announced the following new manufacturing and trade statistics for July 2023. The combined value of distributive trade sales and manufacturers’ shipments for July, adjusted for seasonal and trading day differences but not for price changes, was estimated at $1,828.4 billion, up 0.6 percent (±0.1 percent) from June 2023, but was down 1.2 percent (±0.3 percent) from July 2022. Inventories Manufacturers’ and trade inventories for July, adjusted for seasonal and trading day differences but not for price changes, were estimated at an end-of-month level of $2,538.1 billion, virtually unchanged ... (full story)