Research >> Economics
Business Inventories up 0.6% in April
Sales. The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers’ shipments for April, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,337.4 billion, up 0.7 percent (±0.2%) from March 2014 and were up 5.4 percent (±0.6%) from April 2013.
Inventories. Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,728.3 billion, up 0.6 percent (±0.1%) from March 2014 and up 5.0 percent (±0.5%) from April 2013.
Inventories/Sales Ratio. The total business inventories/sales ratio based on seasonally adjusted data at the end of April was 1.29. The April 2013 ratio was 1.30.
Posted: June 12, 2014 Thursday 10:00 AM