October 2022 shipments came in at $7.48 billion, up from September’s $7.32 billion. October shipments are traditionally the highest of the year and it’s nice to be able to start using the word “traditionally” again as we are hopefully back to something akin to normal. Unfortunately, it looks like November and December will see business start to slow down for the holidays. We’d be happy to break with history that—there’s no tradition like a new tradition!
January to October shipments for 2022 are at $69.68 billion, an improvement over 2021’s $68.42 billion. As the song goes, everything can change in a New York minute, but so far shipments data for 2022 has been encouraging and we’re likely to finish better than 2021. Can we carry that through into 2023?