Research >> Economics
Business Inventories up 0.4% in November
The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers’ shipments for November, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,318.2 billion, up 0.8 percent (±0.2) from October 2013, and were up 4.0 percent (±1.2) from November 2012.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,699.9 billion, up 0.4 percent (±0.1) from October 2013 and up 4.0 percent (±1.5) from November 2012.
The total business inventories/sales ratio based on seasonally adjusted data at the end of November was 1.29. The November 2012 ratio was 1.29.
Posted: January 14, 2014 Tuesday 10:00 AM