Research >> Economics
Business Inventories up 0.5% in May 2021
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 $1,615.9 billion, down 0.3 percent (±0.2 percent) from April 2021, but was up 28.7 percent (±0.6 percent) from May 2020.
Manufacturers’ and trade inventories for May, adjusted for seasonal and trading day differences but not for price changes, were estimated at an end-of-month level of $2,039.3 billion, up 0.5 percent (±0.1 percent) from April 2021 and were up 4.5 percent (±0.5 percent) from May 2020.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of May was 1.26. The May 2020 ratio was 1.55.
Posted: July 16, 2021 Friday 10:00 AM