Research >> Economics
Business Inventories up 0.1% 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 $1,302.3 billion, down 0.6 percent (±0.3%) from November 2015 and was down 2.7 percent (±0.5%) from December 2014.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,813.1 billion, up 0.1 percent (±0.1%)* from November 2015 and were up 1.7 percent (±0.6%) from November 2014.
The total business inventories/sales ratio based on seasonally adjusted data at the end of December was 1.39. The December 2014 ratio was 1.33.
Posted: February 12, 2016 Friday 10:00 AM