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 $1.3467 trillion. That is up 0.3% from May and up 4.7% from a year ago.
Manufacturers’ and trade inventories were estimated at an end-of-month level of $1.7431 trillion. That is up 0.4% from May and up 5.8% from a year ago.
The total business inventories-to-sales ratio based on seasonally adjusted data at the end of June was 1.294, unchanged from May. The June 2013 ratio was 1.281.