Research >> Economics
Business Inventories up 0.4% in February 2024
Sales
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 $1,866.5 billion, up 1.6 percent (±0.2 percent) from January 2024 and was up 1.0 percent (±0.4 percent) from February 2023.
Inventories
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 $2,567.5 billion, up 0.4 percent (±0.1 percent) from January 2024 and were up 1.0 percent (±0.4 percent) from February 2023.
Inventories/Sales Ratio
The total business inventories/sales ratio based on seasonally adjusted data at the end of February was 1.38. The February 2023 ratio was 1.37
Posted: April 15, 2024 Monday 10:00 AM