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Manufacturers’ and trade inventories in the US increased by 0.2 percent from a month earlier in October 2019, recovering from a revised 0.1 percent drop in September and matching market expectations. Stocks at retailers rose by the most (0.3 percent vs 0.1 percent), followed by manufacturers (0.1 percent vs 0.3 percent) and merchant wholesalers (0.1 percent vs -0.7 percent). Year-on-year, business inventories were up 3.1 percent in October.

Business inventories in the United States were unchanged at USD 2,041.5 billion in September 2019, after a revised 0.1 percent fall in the previous month and missing market expectations of a 0.1 percent gain. Stocks at wholesalers dropped 0.4 percent (vs 0.1 percent in August). On the other hand, inventories at manufacturers rose 0.3 percent (vs -0.1 percent) and those at retailers went up 0.2 percent (vs -0.2 percent). Retail inventories excluding autos, which go into the calculation of GDP, increased 0.2 percent. Year-on-year, business inventories rose 3.7 percent.

Business inventories in the United States were unchanged at USD 2,042 billion in August 2019, after a downwardly revised 0.3 percent advance in July and against market expectations of a 0.2 percent rise. Inventories at manufacturers were flat (vs 0.1 percent in July) and those at retailers dropped 0.1 percent (vs 0.7 percent). Meantime, stocks at wholesalers rose at the same pace (0.2 percent). Retail inventories excluding autos, which go into the calculation of GDP, dropped 0.2 percent, after increasing 0.3 percent in the prior month. Year-on-year, business inventories rose 4.2 percent.

Business inventories in the United States increased 0.4 percent from the previous month in July of 2019, after showing no growth in June and above market expectations of 0.3 percent. Stocks rebounded at wholesalers (0.2 percent vs -0.1 percent) and at retailers (0.8 percent vs -0.2 percent) while inventories at manufacturers advanced faster (0.5 percent vs 0.1 percent). Year-on-year, business inventories rose 4.8 percent.

US business inventories were unchanged in June 2019, following a 0.3 percent advance in May and missing market expectations of a 0.1 percent gain. An increase in stocks at manufacturers (0.2 percent, the same as in May) offset a decline in retail inventories (-0.3 percent vs 0.3 percent). Meanwhile, stocks at wholesalers were flat. Year-on-year, business inventories increased 5.2 percent in June.

US business inventories rose 0.3 percent from a month earlier in May 2019, following a 0.5 percent advance in April and matching market expectations. Stocks at retailers increased 0.4 percent (vs 0.6 percent in April), as well as those at wholesalers (vs 0.8 percent in April) while inventories at manufacturers rose 0.2 percent, the same pace as in the previous month. Year-on-year, business inventories increased 5.3 percent in May.