Research >> Economics
Business Inventories unch% in March
The combined value of distributive trade sales and manufacturers’ shipments for March, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,438.3 billion, up 0.5 percent (±0.2 percent) from February 2018 and was up 6.4 percent (±0.3 percent) from March 2017.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,929.6 billion, virtually unchanged (±0.1 percent)* from February 2018, but were up 3.8 percent (±0.3 percent) from March 2017.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of March was 1.34. The March 2017 ratio was 1.38.
Posted: May 15, 2018 Tuesday 10:00 AM