Research >> Economics
Business Inventories up 0.3% in October 2022
The combined value of distributive trade sales and manufacturers' shipments for October, adjusted for seasonal and trading day differences but not for price changes, was estimated at $1,859.5 billion, up 0.8 percent (±0.2 percent) from September 2022 and was up 10.1 percent (±0.3 percent) from October 2021.
Manufacturers' and trade inventories for October, adjusted for seasonal and trading day differences but not for price changes, were estimated at an end-of-month level of $2,468.3 billion, up 0.3 percent (±0.1 percent) from September 2022 and were up 16.5 percent (±0.4 percent) from October 2021.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of October was 1.33. The October 2021 ratio was 1.25.
Posted: December 15, 2022 Thursday 10:00 AM