ASA distributor members report positive monthly sales increases
Respondents to ASA’s Monthly Sales Report reported median sales growth of nearly 2% for January 2024 vs. 2023. The results were mixed, though, with half the respondents reporting sales changes between -8% to +8% for January 2024 vs. 2023.
On a month-to-month basis (January 2024 vs. December 2023), it was encouraging to see respondents report sales increased more than 8% —this breaks a streak of two consecutive months of declines. Inventory contracted (-2%) for January 2024 vs. January 2023.