April Business Inventories Up 2.8% YOY

Washington, DC, June 14, 2019–The combined value of distributive trade sales and manufacturers’ shipments for April, adjusted for seasonal and trading day differences but not for price changes, was estimated at $1,462.0 billion, down 0.2% from March 2019, but was up 2.8% from April 2018, according to the Census Bureau.

Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $2,029.8 billion, up 0.5% from March 2019 and were up 5.3 percent from April 2018.

The total business inventories/sales ratio based on seasonally adjusted data at the end of April was 1.39. The April 2018 ratio was 1.36.