Research >> Economics
Business Inventories unch% in September
The combined value of distributive trade sales and manufacturers’ shipments for September, adjusted for seasonal and trading day differences but not for price changes, was estimated at $1,459.4 billion, down 0.2 percent (±0.2 percent)* from August 2019, but was up 0.5 percent (±0.3 percent) from September 2018.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $2,041.5 billion, virtually unchanged (±0.1 percent)* from August 2019, but were up 3.7 percent (±0.5 percent) from September 2018.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of September was 1.40. The September 2018 ratio was 1.36.
Posted: November 15, 2019 Friday 10:00 AM