Research >> Economics
Business Inventories unch% in June 2023
The combined value of distributive trade sales and manufacturers’ shipments for June, adjusted for seasonal and trading day differences but not for price changes, was estimated at $1,818.6 billion, down 0.1 percent (±0.2 percent)* from May 2023 and was down 3.1 percent (±0.4 percent) from June 2022.
Manufacturers’ and trade inventories for June, adjusted for seasonal and trading day differences but not for price changes, were estimated at an end-of-month level of $2,541.1 billion, virtually unchanged (±0.1 percent)* from May 2023, but were up 2.0 percent (±0.4 percent) from June 2022.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of June was 1.40. The June 2022 ratio was 1.33.
Posted: August 15, 2023 Tuesday 10:00 AM