Research >> Economics
Business Inventories up 0.4% in December
The combined value of distributive trade sales and manufacturers’ shipments for December, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,431.3 billion, up 0.6 percent (±0.3 percent) from November 2017 and was up 6.7 percent (±0.4 percent) from December 2016.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,902.2 billion, up 0.4 percent (±0.1 percent) from November 2017 and were up 3.2 percent (±0.3 percent) from December 2016.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of December was 1.33. The December 2016 ratio was 1.37.
Posted: February 14, 2018 Wednesday 10:00 AM