Research >> Economics
Business Inventories up 0.3% in September
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 $1,468.0 billion, up 0.4 percent (±0.2 percent) from August 2018 and was up 6.6 percent (±1.3 percent) from September 2017.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,967.5 billion, up 0.3 percent (±0.1 percent) from August 2018 and were up 4.4 percent (±1.3 percent) from September 2017.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of September was 1.34. The September 2017 ratio was 1.37.
Posted: November 15, 2018 Thursday 10:00 AM