Research >> Economics
Business Inventories up 0.4% in November
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 $1,420.1 billion, up 1.2 percent (±0.2 percent) from October 2017 and was up 7.9 percent (±0.3 percent) from November 2016.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,895.4 billion, up 0.4 percent (±0.1 percent) from October 2017 and were up 3.2 percent (±0.3 percent) from November 2016.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of November was 1.33. The November 2016 ratio was 1.40.
Posted: January 12, 2018 Friday 10:00 AM