Research >> Economics
Business Inventories up 2.0% in March 2022
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 $1,832.1 billion, up 1.8 percent (±0.2 percent) from February 2022 and was up 14.1 percent (±0.4 percent) from March 2021.
Manufacturers’ and trade inventories for March, adjusted for seasonal and trading day differences but not for price changes, were estimated at an end-of-month level of $2,324.2 billion, up 2.0 percent (±0.1 percent) from February 2022 and were up 14.7 percent (±0.5 percent) from March 2021.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of March was 1.27. The March 2021 ratio was 1.26.
Posted: May 17, 2022 Tuesday 10:00 AM