Research >> Economics
Business Inventories up 0.5% in April
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 $1,462.0 billion, down 0.2 percent (±0.2 percent)* from March 2019, but was up 2.8 percent (±0.3 percent) from April 2018.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $2,029.8 billion, up 0.5 percent (±0.1 percent) from March 2019 and were up 5.3 percent (±0.5 percent) from April 2018.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of April was 1.39. The April 2018 ratio was 1.36.
Posted: June 14, 2019 Friday 10:00 AM