U.S business inventories up 0.1% in June vs +0.2% expected

Market news

15 August 2018

U.S business inventories up 0.1% in June vs +0.2% expected

Manufacturers' and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,937.2 billion, up 0.1 percent from May 2018 and were up 4.0 percent (±1.3 percent) from June 2017.

The total business inventories/sales ratio based on seasonally adjusted data at the end of June was 1.33. The June 2017 ratio was 1.39.

Builder confidence in the U.S market edged down one point to a solid 67 reading in August

U.S.: Business inventories , June 0.1% (forecast 0.1%)

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