Distributive Trade Sales & Manu. Shipments Rose 8.4% in June
Washington, DC, August 14, 2020-The combined value of distributive trade sales and manufacturers’ shipments for June was estimated at $1,394.0 billion, up 8.4% from May 2020 but was down 4.3% from June 2019, according to the Commerce Department.
Manufacturers’ and trade inventories for June were estimated at an end-of-month level of $1,912.1 billion, down 1.1% from May 2020 and were down 5.8% from June 2019.
The total business inventories/sales ratio based on seasonally adjusted data at the end of June was 1.37. The June 2019 ratio was 1.39.