Research >> Economics
Business Inventories up 0.3% in March 2021
The combined value of distributive trade sales and manufacturers’ shipments for March, adjusted for seasonal and trading day differences but not for price changes, was estimated at $1,638.2 billion, up 5.7 percent (±0.2 percent) from February 2021 and was up 18.5 percent (±0.4 percent) from March 2020.
Manufacturers’ and trade inventories for March, adjusted for seasonal and trading day differences but not for price changes, were estimated at an end-of-month level of $2,014.3 billion, up 0.3 percent (±0.1 percent) from February 2021, but were virtually unchanged (±0.5 percent)* from March 2020.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of March was 1.23. The March 2020 ratio was 1.46.
Posted: May 14, 2021 Friday 10:00 AM