Sales dropped 1.1 percent to a seasonally adjusted $1.229 trillion. They were up 3 percent from June 2011.
Manufacturers' and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1.58 trillion, up 0.1 percent from May 2012 and up 5 percent from June 2011.
The total business inventories/sales ratio based on seasonally adjusted data at the end of June was 1.29, up from the ratio of 1.26 in June 2011.
Kim Kardashian, Kanye West reportedly set wedding date
NBC reportedly holds celebs hostage to Jimmy Fallon's show