Research >> Economics
Business Inventories up 0.7% in March
The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers’ shipments for March, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,241.0 billion, up 0.6 percent (±0.2%) from February 2012 and up 5.8 percent (±0.5%) from March 2011.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,580.2 billion, up 0.3 percent (±0.1%) from February 2012 and up 6.6 percent (±0.4%) from March 2011.
The total business inventories/sales ratio based on seasonally adjusted data at the end of March was 1.27. The March 2011 ratio was 1.26.
Posted: May 15, 2012 Tuesday 10:00 AM