Research >> Economics
Business Inventories up 2.1% in December 2021
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 $1,717.2 billion, down 0.7 percent (±0.1 percent) from November 2021, but was up 15.9 percent (±0.6 percent) from December 2020.
Manufacturers’ and trade inventories for December, adjusted for seasonal and trading day differences but not for price changes, were estimated at an end-of-month level of $2,206.7 billion, up 2.1 percent (±0.1 percent) from November 2021 and were up 10.5 percent (±0.6 percent) from December 2020.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of December was 1.29. The December 2020 ratio was 1.35.
Posted: February 16, 2022 Wednesday 10:00 AM