Research >> Economics
Business Inventories up 0.7% in September 2021
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 $1,669.7 billion, up 0.9 percent (±0.2 percent) from August 2021 and was up 15.5 percent (±0.6 percent) from September 2020.
Manufacturers’ and trade inventories for September, adjusted for seasonal and trading day differences but not for price changes, were estimated at an end-of-month level of $2,101.8 billion, up 0.7 percent (±0.2 percent) from August 2021 and were up 7.5 percent (±0.5 percent) from September 2020.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of September was 1.26. The September 2020 ratio was 1.35.
Posted: November 16, 2021 Tuesday 10:00 AM