Research >> Economics
Business Inventories unchanged% 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 $1,285.8 billion, up 0.2 percent (±0.2) from May 2013, and were up 4.9 percent (±1.1) from June 2012.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,655.2 billion, virtually unchanged (±0.1) from May 2013 and up 3.5 percent (±1.4) from June 2012.
The total business inventories/sales ratio based on seasonally adjusted data at the end of June was 1.29. The June 2012 ratio was 1.30.
Posted: August 13, 2013 Tuesday 10:00 AM