The Census Bureau says the combined value of distributive trade sales and shipments and inventories for August was down 0.1% from July.
Year-to-date total reaches $3.55 billion, the highest through 8 months since 1998, according to the Manufacturing Technology Orders report.
Wholesale trade slowed in August, but it was still ahead of revised 2020 levels for the same period, according to the U.S. Census Bureau.
The seasonally adjusted Fastener Distributor Index (FDI) for September was 54.2, down from 55.8 in June, due to recent challenges.
The Census Bureau and the Bureau of Economic Analysis said the goods and services deficit was $73.3 billion.
Average annual sales growth for the 12 months through August was 18.7% percent, a new record for HARDI’s average annual growth rate.
The September Manufacturing PMI registered 61.1%%, an increase of 1.2 percentage points from the August reading of 59.9%.
What does it take to build successful habits and keep them going for the long term? Consider setting micro goals for yourself and your business.
The U.S. Census Bureau has released advance indicators showing that the international trade deficit and wholesale inventories increased in August.
The increase in real GDP reflected increases in personal consumption expenditures, nonresidential fixed investment, exports, and state and local government spending.
The increase, up 15 of the last 16 months, followed a 0.5% July increase.
Latest Chicago Fed National Activity Index (CFNAI) shows that all four broad categories of indicators used to construct the index made positive contributions in August, but three categories declined from July.
