Research >> Economics
Business Inventories up 0.4% in April
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 $1,249.6 billion, up 0.2 percent (±0.2%) from March 2012 and up 5.4 percent (±0.4%) from April 2011.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,575.1 billion, up 0.4 percent (±0.1%) from March 2012 and up 6.0 percent (±0.4%) from April 2011.
The total business inventories/sales ratio based on seasonally adjusted data at the end of April was 1.26. The April 2011 ratio was 1.25.
Posted: June 13, 2012 Wednesday 10:00 AM