The combined value of distributive trade sales and manufacturers’ shipments for March, adjusted for seasonal and trading day differences but not for price changes, was estimated at $1,638.2 billion, up 5.7% from February 2021 and 18.5% from the same month in 2020, according to the U.S. Census Bureau.

Manufacturers’ and trade inventories for March, adjusted for seasonal and trading day differences but not for price changes, were estimated at an end-of-month level of $2,014.3 billion, up 0.3%  from February, but relatively flat (0.5%) when compared to March 2020.

The total business inventories/sales ratio based on seasonally adjusted data at the end of March was 1.23 while the March 2020 ratio was 1.46.