Research >> Economics
Business Inventories up 0.9% in September
Sales. The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers’ shipments for September, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,101.0 billion, up 0.5 percent (±0.3%) from August 2010, and up 8.9 percent (±0.5%) from September 2009.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,402.9 billion, up 0.9 percent (±0.1%) from August 2010 and up 6.3 percent (±0.4%) from September 2009.
The total business inventories/sales ratio based on seasonally adjusted data at the end of September was 1.27. The September 2009 ratio was 1.30.
Posted: November 15, 2010 Monday 10:00 AM