Sales
The combined value of distributive trade sales and manufacturers’ shipments for April, adjusted for seasonal and trading day differences but not for price changes, was estimated at $1,621.1 billion, up 0.6 percent (±0.1 percent) from March 2021 and was up 40.0 percent (±0.6 percent) from April 2020.
Inventories
Manufacturers’ and trade inventories for April, adjusted for seasonal and trading day differences but not for price changes, were estimated at an end-of-month level of $2,024.0 billion, down 0.2 percent (±0.1 percent) from March 2021, but were up 1.3 percent (±0.5 percent) from April 2020.
Inventories/Sales Ratio
The total business inventories/sales ratio based on seasonally adjusted data at the end of April was 1.25. The April 2020 ratio was 1.73.
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