The inventories of US companies have increased as scheduled in June, guided by the increase in inventories of motor vehicles.
The inventories increased by 0.2% after being unchanged in May, the census of the Department of Commerce said on Friday. Inventories are a key component of the gross domestic product and one of the most volatile. 1.6% increased compared to the previous year.
The inventories decreased to an annualized rate of $ 26.0 billion in the second quarter, subtracting 3.17 GDP growth percentage points. This reduction was more than compensated for a lower commercial deficit, since the flow of imports relating to the rates has decreased.
The economy grew at a rate of 3.0% in the last quarter, after contracting from 0.5% in the quarter from January to March.
Retail shares increased by 0.2% in June, instead of 0.3%, as estimated in an initial report published last month. 0.2% in May increased.
The inventories of motor vehicles increased by 1.0%instead of 0.9%, as previously reported and after an increase of 0.6%in May. The retail stocks excluded motor vehicles, which entered the calculation of GDP, decreased by 0.1% instead of being unchanged as initially informed.
Source: Terra
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