The Daily Tuesday, January 19, 2021
Wholesale trade, November 2020
Wholesale sales grew for the seventh consecutive month in November—up 0.7% to an all-time high of $67.4 billion. Five of seven subsectors reported stronger sales, led by the machinery, equipment and supplies subsector and the building material and supplies subsector.
Monthly Survey of Manufacturing, November 2020
Manufacturing sales decreased for the first time in three months, declining 0.6% to $53.7 billion in November, driven mainly by the aerospace product and parts, motor vehicle, and motor vehicle parts industries.
Monthly credit aggregates, November 2020
Household sector borrowing is divided into financing in the form of non-mortgage loans, or funds principally for consumption, and mortgage loans, or debt acquired to finance the purchase of a property. In November, household mortgage debt grew 7.4% year over year, while non-mortgage debt edged down 0.6%. Overall, mortgages represented a larger share of household credit debt, with mortgage growth pushing the total credit liabilities of households up to $2,452.9 billion.