Sales
The combined value of distributive trade sales and manufacturers’ shipments for July, adjusted for seasonal and trading day differences but not for price changes, was estimated at $2,120.7 billion, up 0.3 percent (±0.2 percent) from June 2026 and was up 8.9 percent (±0.3 percent) from July 2025.
Inventories
Manufacturers’ and trade inventories for July, adjusted for seasonal and trading day differences but not for price changes, were estimated at an end-of-month level of $2,764.7 billion, up 0.8 percent (±0.1 percent) from June 2026 and were up 3.8 percent (±0.5 percent) from July 2025.
Inventories/Sales Ratio
The total business inventories/sales ratio based on seasonally adjusted data at the end of July was 1.30. The July 2025 ratio was 1.37.
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* The 90 percent confidence interval includes zero. There is insufficient evidence to conclude that the actual change is different from zero.
