Sales
The combined value of distributive trade sales and manufacturers’ shipments for February, adjusted for
seasonal and trading day differences but not for price changes, was estimated at $1,549.6 billion, down 1.9
percent (±0.3 percent) from January 2021, but was up 5.7 percent (±0.4 percent) from February 2020.
Inventories
Manufacturers’ and trade inventories for February, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $2,010.8 billion, up 0.5 percent (±0.1 percent) from January 2021, but were down 0.7 percent (±0.4 percent) from February 2020.
Inventories/Sales Ratio
The total business inventories/sales ratio based on seasonally adjusted data at the end of February was 1.30. The February 2020 ratio was 1.38.
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