Research >> Economics
Business Inventories up 0.4% in July
The U.S. Census Bureau announced today that 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 $1,360.3 billion, up 0.8 percent (±0.2%) from June 2014 and were up 5.3 percent (±0.6%) from July 2013.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,750.1 billion, up 0.4 percent (±0.1%) from June 2014 and up 5.9 percent (±0.4%) from July 2013.
The total business inventories/sales ratio based on seasonally adjusted data at the end of July was 1.29. The July 2013 ratio was 1.28.
Posted: September 12, 2014 Friday 10:00 AM