Sales. The U.S. Census Bureau announced that 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 $1,212.4 billion, up 1.7 percent (±0.2%) from May 2008 and up 9.2 percent (±0.4%) from June 2007.
Inventories. Manufacturers' and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,489.5 billion, up 0.7 percent (±0.1%) from May 2008 and up 5.6 percent (±0.4%) from June 2007.
Inventories/Sales Ratio. The total business inventories/sales ratio based on seasonally adjusted data at the end of June was 1.23. The June 2007 ratio was 1.27.
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