The combined value of distributive trade sales and manufacturers' shipments for December, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,356.0 billion, up 2.0 percent from November 2016 and was up 5.2 percent (±0.4 percent) from December 2015.

Manufacturers' and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,835.7 billion, up 0.4 percent (±0.2 percent) from November 2016 and were up 2.0 percent (±0.5 percent) from December 2015.