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Sunday, July 22, 2018 6:25:08 AM EDT




Business Inventories
Briefing.com Updated 16-Jul-18 10:27AM ET

Total business inventories increased 0.4% in May (Briefing.com consensus 0.4%) after increasing an unrevised 0.3% in April.

Total business sales increased 1.4% after increasing an upwardly revised 0.6% (from 0.4%) in April.

Manufacturers' and wholesalers' inventories were known ahead of time, so the missing variable was the report on retailers' inventories, which increased 0.4% after increasing 0.4% in April

Inventories were up across all retail categories, with the exception of furniture, home furnishings, electronics and appliance stores (-0.9%) and clothing & clothing accessory stores (-0.7%)

On a year-over-year basis, total business inventories were up 4.4% while total business sales were up 8.6%

The inventories-to-sales ratio dipped to 1.34 from 1.35 and was down from 1.39 one year ago

 
MAYAPRMARFEBJAN
Inventories0.4%0.3%-0.1%0.6%0.6%
Manufacturers0.2%0.4%0.2%0.3%0.3%
Retailers0.4%0.4%-0.7%0.6%0.6%
Wholesalers0.6%0.1%0.2%0.8%0.8%
Sales1.4%0.6%0.6%0.4%-0.3%
Manufacturers0.6%0.1%0.7%0.2%0.7%
Retailers1.1%0.4%0.7%0.1%-0.2%
Wholesalers2.5%1.4%0.4%0.9%-1.3%
Inventory/Sales1.341.351.351.361.36
Manufacturers1.351.351.351.361.35
Retailers1.431.441.441.461.45
Wholesalers1.241.291.291.291.29