“Manufacturers’ and trade inventories were estimated at an end-of-month level of $1,936.9 billion, up 0.4 percent ( ±0.1 percent) from April 2018 and were up 4.4
percent ( ±1.2 percent) from May 2017,” the U.S. Census Bureau reported on Monday.
Key quotes from the official press release
- The combined value of distributive trade sales and manufacturers’ shipments for May was estimated at $1,449.7 billion, up 1.4 percent from April 2018 and was up 8.6 percent from May 2017.
- The total business inventories/sales ratio based on seasonally adjusted data at the end of May was 1.34.
- The May 2017 ratio was 1.39.
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