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 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Ritu Kumar
Label Ritu Kumar

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search