Research >> Economics
Business Inventories up 0.2% 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 $1,133.1 billion, up 1.2 percent (±0.1%) from October 2010 and up 8.5 percent (±0.5%) from November 2009.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,421.6 billion, up 0.2 percent (±0.1%) from October 2010 and up 6.8 percent (±0.4%) from November 2009.
The total business inventories/sales ratio based on seasonally adjusted data at the end of November was 1.25. The November 2009 ratio was 1.27.
Posted: January 14, 2011 Friday 10:00 AM