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Business Inventories up 1.4% in June 2022
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 $1,858.1 billion, up 1.3 percent (±0.1 percent) from May 2022 and was up 14.5 percent (±0.4 percent) from June 2021.
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 $2,419.5 billion, up 1.4 percent (±0.1 percent) from May 2022 and were up 18.5 percent (±0.5 percent) from June 2021.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of June was 1.30. The June 2021 ratio was 1.26.
Posted: August 17, 2022 Wednesday 10:00 AM