Sales. The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers' shipments for July, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,011.8 billion, up 1.1 percent (±0.2%) from June and up 8.2 percent (±0.4%) from July 2004.
Inventories. Manufacturers' and trade inventories adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,270.6 billion, down 0.5 percent (±0.2%) from June, but up 4.2 percent (±0.5%) from July 2004.
Inventories/Sales Ratio. The total business inventories/sales ratio based on seasonally adjusted data at the end of July was 1.26. The July 2004 ratio was 1.30.
The Manufacturing and Trade Inventories and Sales Report for August is scheduled to be released October 14, 2005 at 10:00 a.m. EDT
For information, visit the Census Bureau's Web site at . This report is also available the day of issue through the Department of Commerce's STAT-USA (202-482-1986).
* The 90 percent confidence interval includes zero. The Census Bureau does not have sufficient statistical evidence to conclude that the actual change is different from zero.
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