Research >> Economics
Business Inventories unch% in January
The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers’ shipments for January, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,302.5 billion, down 2.0 percent (±0.2%) from December 2014 and were down 0.3 percent (±0.3%)* from January 2014.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,761.7 billion, virtually unchanged (±0.1%)* from December 2014, but were up 3.4 percent (±0.5%) from January 2014.
The total business inventories/sales ratio based on seasonally adjusted data at the end of January was 1.35. The January 2014 ratio was 1.30.
Posted: March 12, 2015 Thursday 10:00 AM