Business inventories
  • Prior month 0.2% revised to 0.0%
  • Business inventories for June 0.0% versus 0.1% expected. YoY inventories up 2.0%
  • Retail inventories 0.3% versus 0.0% last month
  • inventories to sales ratio 1.40. That is up from 1.33% in June 2022
  • June sales decreased -0.1% versus May and is down -3.1% from June 2022