Research >> Economics
Business Inventories up 0.4% in March
The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers’ shipments for March, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,325.7 billion, up 1.0 percent (±0.2%) from February 2014 and were up 4.3 percent (±0.5%) from March 2013.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,717.2 billion, up 0.4 percent (±0.1%) from February 2014 and up 4.7 percent (±0.4%) from March 2013.
The total business inventories/sales ratio based on seasonally adjusted data at the end of March was 1.30. The March 2013 ratio was 1.29.
Posted: May 13, 2014 Tuesday 10:00 AM