Research >> Economics
Business Inventories up 0.8% 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 $1,325.5 billion, up 0.2 percent (±0.2%) from May 2015, but was down 2.5 percent (±0.4%) from June 2014.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,812.5 billion, up 0.8 percent (±0.1%) from May 2015 and were up 3.0 percent (±0.5%) from June 2014.
The total business inventories/sales ratio based on seasonally adjusted data at the end of June was 1.37. The June 2014 ratio was 1.30.
Posted: August 13, 2015 Thursday 10:00 AM