Research >> Economics
Business Inventories up 0.5% in July 2021
The combined value of distributive trade sales and manufacturers’ shipments for July, adjusted for seasonal and trading day differences but not for price changes, was estimated at $1,652.2 billion, up 0.5 percent (±0.1 percent) from June 2021 and was up 16.3 percent (±0.6 percent) from July 2020.
Manufacturers’ and trade inventories for July, adjusted for seasonal and trading day differences but not for price changes, were estimated at an end-of-month level of $2,069.5 billion, up 0.5 percent (±0.1 percent) from June 2021 and were up 7.2 percent (±0.5 percent) from July 2020.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of July was 1.25. The July 2020 ratio was 1.36.
Posted: September 16, 2021 Thursday 10:00 AM