Research >> Economics
Business Inventories up 0.4% in June
The U.S. Census Bureau announced today that 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 $1,346.7 billion, up 0.3 percent (±0.2%) from May 2014 and were up 4.7 percent (±0.6%) from June 2013.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,743.1 billion, up 0.4 percent (±0.1%) from May 2014 and up 5.8 percent (±0.4%) from June 2013.
The total business inventories/sales ratio based on seasonally adjusted data at the end of June was 1.29. The June 2013 ratio was 1.28.
Posted: August 13, 2014 Wednesday 10:00 AM