Research >> Economics
Business Inventories up 1.0% in November
The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers’ shipments for November, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,271.6 billion, up 1.0 percent (±0.2%) from October 2012 and up 4.3 percent (±0.3%) from November 2011.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,621.5 billion, up 0.3 percent (±0.1%) from October 2012 and up 5.5 percent (±0.4%) from November 2011.
The total business inventories/sales ratio based on seasonally adjusted data at the end of November was 1.28. The November 2011 ratio was 1.26.
Posted: January 15, 2013 Tuesday 10:00 AM