Last updateTue, 22 Jan 2019 8pm


Manufacturing & The Economy

U.S. Business Inventories Up, Sales Down

Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,917.0 billion, up 0.6% (±0.1%) from December 2017 and were up 3.7% (±0.3%) from January 2017.

The combined value of distributive trade sales and manufacturers’ shipments for January, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,426.0 billion, down 0.2% (±0.2%) from December 2017, but was up 5.7% (±0.4%) from January 2017.

The total business inventories/sales ratio based on seasonally adjusted data at the end of January was 1.34. The January 2017 ratio was 1.37. 

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