US companies hold back on the increase in industrial inventories. In June, the indicator recorded a growth of 0,6%, equal to almost half of that expected in analysts' estimates, ie 1%. The slower-than-expected growth is a sign of caution on the part of the US business system and gives the figure of the degree of uncertainty that distinguishes the economic phase. In short, American companies do not believe in a significant rise in demand in the short term and therefore see no reason to greatly increase their inventories. The share measured in June therefore stops at 458,67 billion, according to the Department of Commerce, which was also forced to correct the results for May downwards: +1,7 instead of +1,8%.
However, the data on sales improves, showing a recovery from May, when they were down by 0,3%, and rising by 0,6%, for a value of 395,84 billion dollars. Finally, the inventory-sales ratio was constant, still at 1,16 points.