Research >> Economics
Business Inventories unch% in August
The combined value of distributive trade sales and manufacturers’ shipments for August, adjusted for seasonal and trading day differences but not for price changes, was estimated at $1,463.9 billion, up 0.2 percent (±0.1 percent) from July 2019 and was up 1.1 percent (±0.4 percent) from August 2018.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $2,042.1 billion, virtually unchanged (±0.1 percent)* from July 2019, but were up 4.2 percent (±0.4 percent) from August 2018.
The total business Inventories/Sales Ratioo based on seasonally adjusted data at the end of August was 1.40. The August 2018 ratio was 1.35.
Posted: October 16, 2019 Wednesday 10:00 AM