Research >> Economics
Business Inventories unchanged in January
The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers' shipments for January, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,046.9 billion, up 0.6 percent (±0.4%) from December 2009 and up 6.8 percent (±0.4%) from January 2009.
Manufacturers' and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,310.2 billion, virtually unchanged (±0.1%)* from December 2009 and down 8.6 percent (±0.3%) from January 2009.
The total business inventories/sales ratio based on seasonally adjusted data at the end of January was 1.25. The January 2009 ratio was 1.46.
Posted: March 12, 2010 Friday 10:00 AM