Research >> Economics
Business Inventories up 0.2% in March
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 $1,361.0 billion, virtually unchanged (±0.1 percent)* from February 2017, but was up 6.5 percent (±0.4 percent) from March 2016.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,840.8 billion, up 0.2 percent (±0.1 percent) from February 2017 and were up 2.6 percent (±0.3 percent) from March 2016.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of March was 1.35. The March 2016 ratio was 1.40.
Posted: May 12, 2017 Friday 10:00 AM