Research >> Economics
Business Inventories up 0.2% in May
The combined value of distributive trade sales and manufacturers’ shipments for May, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,461.4 billion, up 0.2 percent (±0.2 percent)* from April 2019 and was up 1.5 percent (±0.4 percent) from May 2018.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $2,036.4 billion, up 0.3 percent (±0.1 percent) from April 2019 and were up 5.3 percent (±0.4 percent) from May 2018.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of May was 1.39. The May 2018 ratio was 1.34.
Posted: July 16, 2019 Tuesday 10:00 AM