The Census Bureau of the Department of Commerce announced today that the combined value of distributive trade sales and manufacturers' shipments for July adjusted for seasonal and trading-day differences, but not for price changes, were estimated at $757.6 billion, up 1.0 percent (+/—0.2%) from June and 5.1 percent (+/—0.4%) above July 1996. Total durable goods increased 1.6 percent (+/—0.3%) from June and were 7.6 percent (+/—0.8%) above July 1996. Total nondurable goods increased 0.4 percent (+/—0.2%) from June and were up 2.7 percent (+/—0.6%) from July 1996.

Manufacturers' and trade inventories, adjusted for seasonal variations, but not for price changes, were estimated at an end-of-month level of $1,028.1 billion, up 0.2 percent (+/—0.5%) from June and 3.2 percent (+/—0.8%) above July 1996. Total durable goods increased 0.2 percent (+/—0.2%) from June and were up 4.1 percent (+/—1.1%) from July 1996. Total nondurable goods increased 0.1 percent (+/—0.3%) from June and were up 1.8 percent (+/—0.6%) from July 1996.

The total business inventories/sales ratio based on seasonally adjusted data at the end of July was 1.36, down .01 (+/—.01%) from June and down .02 (+/—.03%) from July 1996.

September 16, 1997 U.S. Department of Commerce

Consensus National Futures and Financial On Line Index

Added to the WWW 09-19-97
Last updated on 09-20-97

Hosted by:
One Crossroads Place
610 West Maple Ave, Suite WWW
Independence, MO 64050
(816) 252-4080
sysop@kcmo.com

wmeubank@ocp.kcmo.com