Research >> Economics
Business Inventories up 0.1% in June
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 $1,452.2 billion, up 0.3 percent (±0.1 percent) from May 2018 and was up 8.2 percent (±1.2 percent) from June 2017.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,937.2 billion, up 0.1 percent (±0.1 percent)* from May 2018 and were up 4.0 percent (±1.3 percent) from June 2017.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of June was 1.33. The June 2017 ratio was 1.39.
Posted: August 15, 2018 Wednesday 10:00 AM