Research >> Economics
Business Inventories up 0.8% 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 $1,148.0 billion, up 1.1 percent (±0.2%) from November 2010 and up 8.7 percent (±0.6%) from December 2009.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,435.4 billion, up 0.8 percent (±0.1%) from November 2010 and up 8.0 percent (±0.4%) from December 2009.
The total business inventories/sales ratio based on seasonally adjusted data at the end of December was 1.25. The December 2009 ratio was 1.26.
Posted: February 15, 2011 Tuesday 10:00 AM