Research >> Economics
Business Inventories up 0.3% in February
The U.S. Census Bureau announced today that 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 $1,313.1 billion, virtually unchanged (±0.2%)* from January 2015, but were down 1.2 percent (±0.4%) from February 2014.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,790.2 billion, up 0.3 percent (±0.1%) from January 2015 and were up 3.3 percent (±0.4%) from February 2014.
The total business inventories/sales ratio based on seasonally adjusted data at the end of February was 1.36. The February 2014 ratio was 1.30.
Posted: April 14, 2015 Tuesday 10:00 AM