Research >> Economics
Business Inventories virtually unchanged% in March
The U.S. Census Bureau announced today that 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 $1,269.6 billion, down 1.1 percent (±0.1) from February 2013 and up 1.8 percent (±0.3) from March 2012.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,640.9 billion, virtually unchanged (±0.1)* from February 2013 and up 4.5 percent (±0.5) from March 2012.
The total business inventories/sales ratio based on seasonally adjusted data at the end of March was 1.29. The March 2012 ratio was 1.26.
Posted: May 13, 2013 Monday 10:00 AM