Established 1999
123jump.com - U.S. Financial Information Archive: 90,000 Annual and 10-K reports – 20,000 Global news stories - 3,500 IPO reports - 1,700 - Earnings Calls – 320 Fund Interviews – 10-year Annual earnings on 4,500 stocks – 20 Quarterly earnings on 3,600 stocks – 1,800 IPO prospectuses – 1,200 Economic data releases
     
   
 
U.S.Economy: 
Business Inventories Rise 0.5% in May
Author: 123jump.com Staff
123jump.com
Last Update: 10:20 AM EDT July 13 2007


Email article | Print article

Manufacturers'''' and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,406.2 billion, up 0.5% from April 2007 and up 4.0% from May 2006.

 
The following is the unedited transcript of the news release from the U.S. Census Bureau of the Department of Commerce.


Sales.

The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers'' shipments for May, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,115.1 billion, up 1.3 percent (±0.2%) from April 2007 and up 4.0 percent (±0.5%) from May 2006.

Inventories.

Manufacturers'' and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,406.2 billion, up 0.5 percent (±0.1%) from April 2007 and up 4.0 percent (±0.5%) from May 2006.

Inventories/Sales Ratio.

The total business inventories/sales ratio based on seasonally adjusted data at the end of May was 1.26. The May 2006 ratio was 1.26.


Available at:

http://www.census.gov/mtis/www/current.html
  1 More: U.S.Economy

 
 
© 1999-2008 123jump.com. All rights reserved