US: Manufacturers' inventories were $1,930.0 bln in April, up 0.3% from March

"Manufacturers’ and trade inventories were estimated at an end-of-month level of $1,930.0 billion, up 0.3 percent from March 2018 and were up 4.4 percent from April 2017," the U.S. Census Bureau announced in its latest report.

• The combined value of distributive trade sales and manufacturers’ shipments for April was estimated at $1,425.9 billion, up 0.4 percent from March 2018 and was up 6.7 percent from April 2017.
• The total business inventories/sales ratio based on seasonally adjusted data at the end of April was 1.35. The April 2017 ratio was 1.38.