Research >> Economics
Business Inventories up 0.3% in June
The U.S. Census Bureau announced today that 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 $1,187.8 billion, up 0.4 percent (±0.2%) from May 2011 and up 12.4 percent (±0.4%) from June 2010.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,518.5 billion, up 0.3 percent (±0.2%) from May 2011 and up 11.1 percent (±0.4%) from June 2010.
The total business inventories/sales ratio based on seasonally adjusted data at the end of June was 1.28. The June 2010 ratio was 1.29.
Posted: August 12, 2011 Friday 10:00 AM