Research >> Economics
Business Inventories up 0.6% in October
The combined value of distributive trade sales and manufacturers’ shipments for October, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,469.9 billion, up 0.3 percent (±0.2 percent) from September 2018 and was up 6.1 percent (±1.3 percent) from October 2017.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,982.2 billion, up 0.6 percent (±0.1 percent) from September 2018 and were up 5.2 percent (±1.4 percent) from October 2017.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of October was 1.35. The October 2017 ratio was 1.36.
Posted: December 14, 2018 Friday 10:00 AM