Research >> Economics
Business Inventories up 0.4% in April
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 $1,069.0 billion, up 2.3 percent (±0.2%) from February 2010 and up 11.9 percent (±0.4%) from March 2009.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,327.5 billion, up 0.4 percent (±0.1%) from February 2010, but down 5.0 percent (±0.3%) from March 2009.
The total business inventories/sales ratio based on seasonally adjusted data at the end of March was 1.24. The March 2009 ratio was 1.46.
Posted: May 14, 2010 Friday 10:00 AM