Research >> Economics
Business Inventories up 0.2% in February 2023
The combined value of distributive trade sales and manufacturers’ shipments for February, adjusted for seasonal and trading day differences but not for price changes, was estimated at $1,817.9 billion, virtually unchanged (±0.1 percent)* from January 2023, but was up 3.3 percent (±0.4 percent) from February 2022.
Manufacturers’ and trade inventories for February, adjusted for seasonal and trading day differences but not for price changes, were estimated at an end-of-month level of $2,471.6 billion, up 0.2 percent (±0.1 percent) from January 2023 and were up 9.1 percent (±0.4 percent) from February 2022.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of February was 1.36. The February 2022 ratio was 1.29.
Posted: April 14, 2023 Friday 10:00 AM