The combined value of distributive trade sales and manufacturers’ shipments for May, adjusted for seasonal and trading day differences but not for price changes, was estimated at $1,822.1 billion, up 0.2 percent (±0.2 percent)* from April 2023, but was down 1.8 percent (±0.5 percent) from May 2022. Inventories Manufacturers’ and trade inventories for May, adjusted for seasonal and trading day differences but not for price changes, were estimated at an end-of-month level of $2,545.8 billion, up 0.2 percent (±0.1 percent) from April 2023 and were up 3.5 percent (±0.4 percent) from May 2022. Inventories/Sales Ratio The ... (full story)