Research >> Economics
Business Inventories up 0.1% in December
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 $1,461.0 billion, down 0.1 percent (±0.2 percent)* from November 2019, but was up 1.7 percent (±0.4 percent) from December 2018.
Manufacturers’ and trade inventories for December, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $2,040.0 billion, up 0.1 percent (±0.1 percent)* from November 2019 and were up 2.2 percent (±0.4 percent) from December 2018.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of December was 1.40. The December 2018 ratio was 1.39.
Posted: February 14, 2020 Friday 10:00 AM