Research >> Economics
Business Inventories up 1.0% 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 $1,200.1 billion, up 2.2 percent (±0.2%) from February 2011 and up 11.0 percent (±0.4%) from March 2010.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,476.7 billion, up 1.0 percent (±0.1%) from February 2011 and up 9.7 percent (±0.4%) from March 2010.
The total business inventories/sales ratio based on seasonally adjusted data at the end of March was 1.23. The March 2010 ratio was 1.25.
Posted: May 12, 2011 Thursday 10:00 AM