Research >> Economics
Business Inventories up 0.3% in August 2022
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 $1,843.2 billion, up 0.3 percent (±0.1 percent) from July 2022 and was up 12.6 percent (±0.3 percent) from August 2021.
Manufacturers’ and trade inventories for August, adjusted for seasonal and trading day differences but not for price changes, were estimated at an end-of-month level of $2,453.2 billion, up 0.8 percent (±0.1 percent) from July 2022 and were up 18.2 percent (±0.4 percent) from August 2021.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of August was 1.33. The August 2021 ratio was 1.27.
Posted: October 14, 2022 Friday 10:00 AM