Research >> Economics
Business Inventories up 0.6% in April
The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers’ shipments for April, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,318.8 billion, up 0.6 percent (±0.2%) from March 2015, but was down 2.3 percent (±0.5%) from April 2014.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,793.2 billion, up 0.4 percent (±0.1%) from March 2015 and were up 2.6 percent (±0.5%) from April 2014.
The total business inventories/sales ratio based on seasonally adjusted data at the end of April was 1.36. The April 2014 ratio was 1.29.
Posted: June 11, 2015 Thursday 10:00 AM