Respondents to ASA’s monthly sales reported a median sales increase of 18% for January 2023 vs. 2022. This reverses a four-month trend of slowing year-over-year rates of growth.

Industry Insights, which produces the ASA monthly sales report for ASA distributor members, says that while inflationary pressures are beginning to slowly soften, the year-over-year comparisons should continue to be viewed with caution. For instance, on a month-to-month basis, respondents reported a more modest increase in sales of 3% for January 2023 vs. December 2022.