Research >> Economics
Business Inventories up 0.8% in April
Sales. 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 $1,185.6 billion, up 0.1 percent (±0.2%) from March 2011 and up 11.0 percent (±0.5%) from April 2010.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,497.5 billion, up 0.8 percent (±0.1%) from March 2011 and up 10.6 percent (±0.4%) from April 2010.
The total business inventories/sales ratio based on seasonally adjusted data at the end of April was 1.26. The April 2010 ratio was 1.27.
Posted: June 14, 2011 Tuesday 10:00 AM