Research >> Economics
Business Inventories up 0.3% 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 $1,220.9 billion, up 0.3 percent (±0.2%) from October 2011 and up 9.6 percent (±0.3%) from November 2010.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,550.1 billion, up 0.3 percent (±0.1%) from October 2011 and up 8.5 percent (±0.3%) from November 2010.
The total business inventories/sales ratio based on seasonally adjusted data at the end of November was 1.27. The November 2010 ratio was 1.28.
Posted: January 12, 2012 Thursday 10:00 AM