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 June, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,080.5 billion, down 0.6 percent (±0.2%) from May 2010, but up 9.2 percent (±0.5%) from June 2009.
Manufacturers' and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,359.9 billion, up 0.3 percent (±0.1%) from May 2010 and up 0.2 percent (±0.4%)* from June 2009.
The total business inventories/sales ratio based on seasonally adjusted data at the end of June was 1.26. The June 2009 ratio was 1.37.
Posted: August 13, 2010 Friday 10:00 AM