Research >> Economics
Business Inventories up 0.2% in July
The combined value of distributive trade sales and manufacturers’ shipments for July, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,358.8 billion, up 0.2 percent (±0.1 percent) from June 2017 and was up 4.9 percent (±0.4 percent) from July 2016.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,873.9 billion, up 0.2 percent (±0.1 percent) from June 2017 and were up 3.0 percent (±0.3 percent) from July 2016.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of July was 1.38. The July 2016 ratio was 1.40.
Posted: September 15, 2017 Friday 10:00 AM