Sales
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 $1,861.4 billion, virtually unchanged (±0.1 percent)* from April 2024, but was up 2.0 percent (±0.3 percent) from May 2023.
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 $2,558.5 billion, up 0.5 percent (±0.1 percent) from April 2024 and were up 1.6 percent (±0.4 percent) from May 2023.
Inventories/Sales Ratio
The total business inventories/sales ratio based on seasonally adjusted data at the end of May was 1.37. The May 2023 ratio was 1.38.
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* The 90 percent confidence interval includes zero. There is insufficient evidence to conclude that the actual change is different from zero.
