The combined value of distributive trade sales and manufacturers’ shipments for December 2021 — adjusted for seasonal and trading day differences but not for price changes — was estimated at $1,717.2 billion, down 0.7% from November, but was up 15.9% from December 2020, according to the U.S. Census Bureau.

Manufacturers’ and trade inventories for December — adjusted for seasonal and trading day differences but not for price changes — were estimated at an end-of-month level of $2,206.7 billion, up 2.1% from November 2021 and were up 10.5 percent% from December 2020.

The total business inventories/sales ratio based on seasonally adjusted data at the end of December was 1.29. The December 2020 ratio was 1.35, the Census Bureau said.