Research >> Economics
Business Inventories unch% 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 $1,460.1 billion, up 0.1 percent (±0.2 percent)* from May 2019 and was up 1.3 percent (±0.4 percent) from June 2018.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $2,035.7 billion, virtually unchanged (±0.1 percent)* from May 2019, but were up 5.2 percent (±0.4 percent) from June 2018.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of June was 1.39. The June 2018 ratio was 1.34.
Posted: August 15, 2019 Thursday 10:00 AM