Research >> Economics
Business Inventories up 0.1% in February
The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers’ shipments for February, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,286.7 billion, up 1.2 percent (±0.2) from January 2013 and up 3.7 percent (±0.4) from February 2012.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,642.1 billion, up 0.1 percent (±0.1) from January 2013 and up 4.9 percent (±0.4) from February 2012.
The total business inventories/sales ratio based on seasonally adjusted data at the end of February was 1.28. The February 2012 ratio was 1.26.
Posted: April 12, 2013 Friday 10:00 AM