Research >> Economics
Business Inventories up 0.3% in September
The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers’ shipments for September, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,352.5 billion, virtually unchanged (±0.3%)* from August 2014, but were up 4.1 percent (±0.6%) from September 2013.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,756.1 billion, up 0.3 percent (±0.1%) from August 2014 and up 5.3 percent (±0.5%) from September 2013.
The total business inventories/sales ratio based on seasonally adjusted data at the end of September was 1.30. The September 2013 ratio was 1.28.
Posted: November 14, 2014 Friday 10:00 AM