Research >> Economics
Business Inventories up 0.1% 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 $1,309.7 billion, up 0.4 percent (±0.2%) from February 2015, but was down 2.1 percent (±0.5%) from March 2014.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,786.2 billion, up 0.1 percent (±0.1%)* from February 2015 and were up 2.9 percent (±0.5%) from March 2014.
The total business inventories/sales ratio based on seasonally adjusted data at the end of March was 1.36. The March 2014 ratio was 1.30.
Posted: May 13, 2015 Wednesday 10:00 AM