Research >> Economics
Business Inventories up 0.5% 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 $1,356.8 billion, up 0.3 percent (±0.2 percent) from May 2017 and was up 4.3 percent (±0.4 percent) from June 2016.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,869.3 billion, up 0.5 percent (±0.1 percent) from May 2017 and were up 2.8 percent (±0.2 percent) from June 2016.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of June was 1.38. The June 2016 ratio was 1.40.
Posted: August 15, 2017 Tuesday 10:00 AM