The combined value of distributive trade sales and manufacturers’ shipments for September — adjusted for seasonal and trading day differences but not for price changes — was estimated at $1,669.7 billion, up 0.9% from August 2021 and was up 15.5% from September 2020, according to the U.S. Census Bureau. Manufacturers’ and trade inventories for September, […]
Category: September 2021
Manufacturing Tech Orders Up 9%
Orders for new manufacturing technology in September totaled $590 million, a 9% increase over August 2021 and a nearly 60% increase over the same month a year ago, according to the latest U.S. Manufacturing Technology Orders Report published by The Association For Manufacturing Technology. Year-to-date orders for 2021 totaled $4.115 billion, a 53% increase over […]
Goods and Services Deficit Rises in September
The goods and services deficit rose 11.2% to $80.9 billion in September, up $8.1 billion from a revised $72.8 billion in August, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis. September exports dropped 3% to $207.6 billion. The month’s imports rose 0.6% to $288.5 billion. The September increase in the […]
HARDI Revenue Up 21%
Heating, Air-conditioning & Refrigeration Distributors International (HARDI), of Columbus, Ohio, released its monthly TRENDS report, which shows a 21% revenue increase for September. The average annual sales growth for the 12 months through September 2021 was 19.6% percent. “Demand continued strong through the last month of the 2021 cooling season,” said HARDI […]