Research >> Economics
Business Inventories up 0.2% in September
The U.S. Census Bureau announced today that 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 $1,299.9 billion, up 0.2 percent (±0.2) from August 2013, and were up 2.9 percent (±1.1) from September 2012.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,679.1 billion, up 0.6 percent (±0.1) from August 2013 and up 3.1 percent (±1.5) from September 2012.
The total business inventories/sales ratio based on seasonally adjusted data at the end of September was 1.29. The September 2012 ratio was 1.29.
Posted: November 20, 2013 Wednesday 10:00 AM