Research >> Economics
Business Inventories up 0.2% in August
The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers’ shipments for August, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,353.4 billion, down 0.4 percent (±0.1%) from July 2014, but were up 4.5 percent (±0.6%) from August 2013.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,752.3 billion, up 0.2 percent (±0.1%) from July 2014 and up 5.7 percent (±0.4%) from August 2013.
The total business inventories/sales ratio based on seasonally adjusted data at the end of August was 1.29. The August 2013 ratio was 1.28.
Posted: October 15, 2014 Wednesday 10:00 AM