Research >> Economics
Business Inventories up 0.5% in February 2021
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 $1,549.6 billion, down 1.9 percent (±0.3 percent) from January 2021, but was up 5.7 percent (±0.4 percent) from February 2020.
Manufacturers’ and trade inventories for February, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $2,010.8 billion, up 0.5 percent (±0.1 percent) from January 2021, but were down 0.7 percent (±0.4 percent) from February 2020.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of February was 1.30. The February 2020 ratio was 1.38.
Posted: April 15, 2021 Thursday 10:00 AM