Research >> Economics
Business Inventories up 0.6% in February
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 $1,430.4 billion, up 0.4 percent (±0.2 percent) from January 2018 and was up 5.8 percent (±0.3 percent) from February 2017.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,928.8 billion, up 0.6 percent (±0.1 percent) from January 2018 and were up 4.0 percent (±0.3 percent) from February 2017.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of February was 1.35. The February 2017 ratio was 1.37.
Posted: April 16, 2018 Monday 10:00 AM