Research >> Economics
Business Inventories up 0.3% in March
The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers’ shipments for March, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,289.2 billion, up 0.3 percent (±0.2%) from February 2016, but was down 1.7 percent (±0.5%) from March 2015.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,818.6 billion, up 0.4 percent (±0.1%) from February 2016 and were up 1.5 percent (±0.5%) from March 2015.
The total business inventories/sales ratio based on seasonally adjusted data at the end of March was 1.41. The March 2015 ratio was 1.37.
Posted: May 13, 2016 Friday 01:31 PM