News published on Business Daily in July 2020

News from July 2020


Inventories held by motor vehicle and motor vehicle parts and supplies wholesalers in May were valued at $62.1 billion, a decrease of 10.5 percent from the same period a year earlier.

The motor vehicles and parts industry had $204.5 billion in net sales in the 4th quarter of 2019.

Inventories for businesses in the beverage and tobacco products industry was unchanged over February, according to the U.S. Census Bureau.

COVID-19 and the mandated shutdown that came with it have caused state and local tax revenues from hotel operations to drop by nearly $17 billion this year, an Oxford Economics report found.

The hotel industry is in trouble but flexibility from lenders providing commercial mortgage-backed security loans and support from government at all levels (local, state and national) can provide relief.

Inventories for businesses in the food products industry increase $89 million, or 0.2 percent, to $54.5 billion in February, according to the U.S. Census Bureau.

Inventories held by furniture and home furnishings wholesalers in March 2020 were valued at $12.9 billion, according to the U.S. Census Bureau.

Sales by motor vehicle and motor vehicle parts and supplies wholesalers in May 2020 were $28.5 billion.

Inventories for businesses in the food products industry increase $89 million, or 0.2 percent, to $54.5 billion in February, according to the U.S. Census Bureau.

The estimated sales for discount department stores for March 2020 was $6.7 billion, according to the U.S. Census Bureau's Advance Monthly Retail Trade and Food Services Survey.

Inventories for businesses in the grain and oilseed milling industry decrease $10 million, or 0.2 percent, to $5.4 billion in February, according to the U.S. Census Bureau.

The motion picture and sound recording industries had $7.9 billion in net sales in the 4th quarter of 2019.

Inventories for businesses in the grain and oilseed milling industry decrease $10 million, or 0.2 percent, to $5.4 billion in February, according to the U.S. Census Bureau.

The motion picture and sound recording industries had $7.9 billion in net sales in the 4th quarter of 2019.

Inventories held by furniture and home furnishings wholesalers in March 2020 were valued at $12.9 billion, according to the U.S. Census Bureau.

The estimated sales for discount department stores for March 2020 was $6.7 billion, according to the U.S. Census Bureau's Advance Monthly Retail Trade and Food Services Survey.

The communications equipment industry’s net sales in the fourth quarter of 2019 were up 7.4 percent over the same period last year, according to the U.S. Census Bureau.

The estimated sales for electronic shopping and mail-order houses for March 2020 was $62.6 billion, according to the U.S. Census Bureau's Advance Monthly Retail Trade and Food Services Survey.

Inventories for businesses in the dairy product manufacturing industry increase $44 million, or 0.5 percent, to $8.1 billion in February, according to the U.S. Census Bureau.

The miscellaneous manufacturing industry had $60.8 billion in net sales in the 4th quarter of 2019.