Manufacturing and Trade Inventories and Sales Latest Report

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FOR IMMEDIATE RELEASE: Thursday, May 15, 2025

Manufacturing and Trade Inventories and Sales: March 2025

May 15, 2025

CB25-74

Sales
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 $1,919.9 billion, up 0.7 percent (±0.2 percent) from February 2025 and was up 4.5 percent (±0.4 percent) from March 2024.

Inventories
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 $2,578.1 billion, up 0.1 percent (±0.1 percent)* from February 2025 and were up 2.5 percent (±0.3 percent) from March 2024.

Inventories/Sales Ratio
The total business inventories/sales ratio based on seasonally adjusted data at the end of March was 1.34. The March 2024 ratio was 1.37.

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* The 90 percent confidence interval includes zero. There is insufficient evidence to conclude that the actual change is different from zero.