Research >> Economics
Business Inventories up 0.1% 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 $1,290.2 billion, up 0.9 percent (±0.2%) from March 2016, but was down 1.3 percent (±0.5%) from April 2015.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,807.1 billion, up 0.1 percent (±0.1%)* from March 2016 and were up 1.0 percent (±0.5%) from April 2015.
The total business inventories/sales ratio based on seasonally adjusted data at the end of April was 1.40. The April 2015 ratio was 1.37.
Posted: June 14, 2016 Tuesday 10:00 AM