U.S. Business Inventories Rose in April

Date : 06/14/2018 @ 10:30AM
Source : Dow Jones News

U.S. Business Inventories Rose in April

    By Sharon Nunn and Sarah Chaney 
 

WASHINGTON--U.S. business inventories rose 0.3% in April to a seasonally adjusted $1.930 trillion, the Commerce Department said Thursday. Here are the report's highlights:

--Economists surveyed by The Wall Street Journal had expected a 0.3% rise.

--At the sector level, manufacturers' inventories increased 0.3% in April from the prior month, while retail inventories rose 0.5% and wholesale inventories climbed 0.1% from March.

--The inventories to sales ratio was 1.35, down from the 1.38 level seen in April 2017.

--Though these data are adjusted for seasonal variations, they aren't adjusted for price increases.

The Commerce Department's full report on manufacturing and trade inventories and sales can be accessed at: https://www.census.gov/mtis/www/data/pdf/mtis_current.pdf

Write to Sharon Nunn at sharon.nunn@wsj.com. and Sarah Chaney at sarah.chaney@wsj.com.

 

(END) Dow Jones Newswires

June 14, 2018 10:15 ET (14:15 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.


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