Home / Knowledge / News / Textiles / Inventories of durable goods up 1.6%
Inventories of durable goods up 1.6%
10
Sep '08
U.S. Census Bureau reports Monthly wholesale trade: sales and inventories July 2008

Sales. The U.S. Census Bureau announced that July 2008 sales of merchant wholesalers, except manufacturers' sales branches and offices, after adjustment for seasonal variations and trading-day differences but not for price changes, were $410.6 billion, down 0.3 percent (+/-0.5%) from the revised June level, but up 16.5 percent (+/-1.0%) from the July 2007 level. The June preliminary estimate was revised upward $0.7 billion or 0.2 percent.

July sales of durable goods were up 0.2 percent (+/-0.8%) from last month and were up 9.4 percent (+/-1.7%) from a year ago. Sales of nondurable goods were down 0.7 percent (+/-0.8%) from last month, but were up 23.0 percent (+/-1.7%) from last year. Sales of petroleum and petroleum products were down 5.9 percent from last month.

Inventories. Total inventories of merchant wholesalers, except manufacturers' sales branches and offices, after adjustment for seasonal variations but not for price changes, were $441.3 billion at the end of July, up 1.4 percent (+/-0.3%) from the revised June level and were up 10.6 percent (+/-1.2%) from a year ago. The June preliminary estimate was revised downward $0.7 billion or 0.2 percent.

End-of-month inventories of durable goods were up 1.6 percent (+/-0.5%) from last month and were up 8.7 percent (+/-1.3%) from last July. Inventories of machinery, equipment, and supplies were up 2.7 percent. End-of-month inventories of nondurable goods increased 1.1 percent (+/-0.7%) from June and were up 13.9 percent (+/-2.5%) compared to last July. Inventories of chemicals and allied products were up 6.3 percent from last month.

Inventories/Sales Ratio. The July inventories/sales ratio for merchant wholesalers, except manufacturers' sales branches and offices, based on seasonally adjusted data, was 1.07. The July 2007 ratio was 1.13.

U.S. Census Bureau

Must ReadView All

Textiles | On 2nd Dec 2016

Indian currency crisis impacts global cotton market

The currency crisis in India, marked by insufficient supply of new...

Huang Wei from Fiber Raw Material Dept of Sinopec Chemical Commercial Holding speaking at the Forum

Textiles | On 2nd Dec 2016

Huge potential for nylon consumption: Experts

There is huge potential for increase in nylon consumption said...

Apparel/Garments | On 2nd Dec 2016

Aditya Birla Group to establish apparel unit in Odisha

Aditya Birla Retail and Fashion Ltd. (ABFRL) is establishing a new...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search