Posted on 09/09/2003 7:44:33 AM PDT by Starwind
U.S. July wholesale inventories unchanged
Tuesday September 9, 10:02 am ET
WASHINGTON, Sept 9 (Reuters) - U.S Commerce Department report of wholesale inventories and sales, seasonally adjusted. (Percent Changes) July June July03/02 Inventories Total unch unch 1.0 Durable Goods -0.5 -0.1 0.4 Automotive -2.1 1.6 4.6 Prof'l equip 1.0 0.5 1.7 Computer equip. 0.2 0.5 -3.0 Machinery -0.5 -0.8 -3.8 Nondurable Goods 0.8 0.2 1.9 Petroleum -0.9 2.6 0.1 . July June July03/02 Sales Total 0.4 1.6 3.9 Durable Goods 0.4 1.3 1.4 Automotive -1.0 2.3 2.1 Prof'l equip 0.5 0.6 1.0 Computer equip. unch 0.1 -5.9 Machinery 1.5 1.8 3.8 Nondurable Goods 0.5 1.8 6.3 Petroleum 1.8 7.1 20.0 (Billions of dlrs) July June July'02 Inventories Total 289.04 288.92 286.08 Durable Goods 173.09 173.93 172.34 Automotive 25.21 25.75 24.10 Nondurables 115.95 114.99 113.75 (Billions of dlrs) July June July'02 Sales Total 238.73 237.74 229.71 Durable Goods 113.71 113.29 112.11 Automotive 18.11 18.28 17.73 Nondurables 125.02 124.44 117.61 Stock-to_sales ratio July June July'02 . 1.21 1.22 1.25 FORECAST: Reuters survey of U.S. economists forecast: U.S. July wholesale inventories +0.1 pct HISTORICAL COMPARISONS/NOTES: The stock-to-sales ratio is a measure of how long it would take to deplete inventories at the current sales pace.
Boy you said it. I also feel that there is a detachment between Gov stats and what is really going on.
Down stairs from my office at the coffee shop I can really get a feel for what John Q really feels is going on. It's also more pleasant and enjoyable. Chatting there is much preferred to chatting with my display.
But, but I'm sob, sniffle, snuffle, sob on the other end of your display... sniffle, sob
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