June Business Inventories in at +0.1% [NotSoBreaking] - MarketTicker Forums


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User Info	June Business Inventories in at +0.1% in forum [NotSoBreaking]
Argos Posts: 6442 Incept: 2008-03-23 The Green Mountain State Online	Econoday was expecting a reading of +0.2%. Census Release (.pdf): http://www.census.gov/mtis/www/data/pdf/.... Partial quote: Quote: Sales. 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 $1,229.7 billion, down 1.1 percent (±0.2%) from May 2012 and up 3.0 percent (±0.4%) from June 2011. Inventories. Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,580.3 billion, up 0.1 percent (±0.1%)* from May 2012 and up 5.0 percent (±0.3%) from June 2011. Inventories/Sales Ratio. The total business inventories/sales ratio based on seasonally adjusted data at the end of June was 1.29. The June 2011 ratio was 1.26. 2012-08-14 10:05:06 Permalink