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Business Inventories up 1.3% in November 2021
The combined value of distributive trade sales and manufacturers’ shipments for November, adjusted for seasonal and trading day differences, but not for price changes, was estimated at $1,723.7 billion, up 0.7 percent (±0.2 percent) from October 2021 and was up 17.6 percent (±0.6 percent) from November 2020.
Manufacturers’ and trade inventories for November, adjusted for seasonal and trading day differences, but not for price changes, were estimated at an end-of-month level of $2,158.2 billion, up 1.3 percent (±0.1 percent) from October 2021 and were up 8.7 percent (±0.5 percent) from November 2020.
The total business Inventories/Sales Ratio based on seasonally adjusted data at the end of November was 1.25. The November 2020 ratio was 1.35.
Posted: January 14, 2022 Friday 10:00 AM