Research >> Economics
Business Inventories down 0.1% in November
The combined value of distributive trade sales and manufacturers’ shipments for November, adjusted for seasonal and trading day differences but not for price changes, was estimated at $1,462.5 billion, down 0.3 percent (±0.2 percent) from October 2018, but was up 4.2 percent (±1.2 percent) from November 2017.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,980.5 billion, down 0.1 percent (±0.1 percent)* from October 2018, but were up 4.6 percent (±1.4 percent) from November 2017.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of November was 1.35. The November 2017 ratio was 1.35.
Posted: February 14, 2019 Thursday 10:00 AM