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Manufacturing and Trade Inventories and Sales, June 2020
The U.S. Census Bureau announced the following new manufacturing and trade statistics for June 2020: 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 $1,394.0 billion, up 8.4 percent (±0.3 percent) from May 2020, but was down 4.3 percent (±0.4 percent) from June 2019. Manufacturers’ and trade inventories for June, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,912.1 billion, down 1.1 percent (±0.1 percent) from May 2020 and ... (full story)