U S Business Inventories And Sales Rose In June Haver Analytics With inventories increasing at about the same pace as sales, the overall inventory to sales ratio was unchanged at 1.30 in june from may. the retail sector i s ratio edged up to 1.21 from 1.20 in may. excluding motor vehicle inventories from retail, that i s ratio was unchanged at 1.16 in june. the factory i s ratio slipped to 1.45 in june from. Factory sector shipments rose 0.5% ( 0.6% y y) following a 0.2% june rise. retail sales rose 0.4% (1.5% y y) following a 0.1% uptick. as sales rose faster than inventories in july, the total i s ratio eased to 1.39 from 1.40. it was the lowest ratio since february, but was increased from a low of 1.27 in october 2021. the manufacturing i s.
U S Business Inventories And Sales Rose In June Haver Analytics Aug 15, 2024 7:24am. by joshua kirby. u.s. business inventories rose for a third straight month in june, pointing to steady demand. inventories climbed 0.3% on month, commerce department data. Retail inventories shot up 0.9% in june instead of 0.7% as estimated in an advance report published last month. they rose 0.8% in may. motor vehicle inventories climbed 2.2% instead of 1.8% as. Source: bureau of economic analysis via haver analytics 4 2023 2024 q2 q3 q4 q1 q2 change from previous quarter at compound annual rate [percent]: gross domestic product 2.1 4.9 3.4 1.4 3.0 personal consumption expenditures 0.8 3.1 3.3 1.5 2.9 nonresidential fixed investment 7.4 1.4 3.7 4.4 4.6 structures 16.1 11.2 10.9 3.4 1.6. Business sales fell 0.8% mm m ( 7.4% y y), their first monthly decline in four months. the annual pace was the slowest since february 2021. with sales falling while inventories rose, the inventory to sales ratio rose to 1.35 in november, its highest level since december 2020, up from 1.33 in october and well above the recent low of 1.25 reached.
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