Research >> Economics
Business Inventories up 0.1% in December
The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers’ shipments for December, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,331.2 billion, down 0.9 percent (±0.2%) from November 2014, but were up 0.9 percent (±0.4%) from December 2013.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,764.4 billion, up 0.1 percent (±0.2%)* from November 2014 and up 3.9 percent (±0.5%) from December 2013.
The total business inventories/sales ratio based on seasonally adjusted data at the end of December was 1.33. The December 2013 ratio was 1.29.
Posted: February 12, 2015 Thursday 10:00 AM