Manufacturing, Trade Inventories, Sales Up 1.4 Percent in May 2021

The U.S. Census Bureau announced the following new manufacturing and trade statistics for June 2021:

Sales
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 $1,640.8 billion, up 1.4% (±0.2%) from May 2021 and was up 19.9% (±0.5%) from June 2020.

Inventories
Manufacturers’ and trade inventories for June, adjusted for seasonal and trading day differences but not for price changes, were estimated at an end-of-month level of $2,057.4 billion, up 0.8% (±0.1%) from May 2021 and were up 6.6% (±0.5%) from June 2020.

Inventories/Sales Ratio
The total business inventories/sales ratio based on seasonally adjusted data at the end of June was 1.25. The June 2020 ratio was 1.41.