US seasonally adjusted business inventories rose 0.5% in December from November, 4.4% year-over-year to US$1.7T as sales rose 0.1% from November, 3.8% year-over-year to US$1.32T: Dept. of Commerce
February 13, 2014
– Sales. The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers’ shipments for December, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,317.7 billion, up 0.1 percent (±0.2)* from November 2013, and were up 3.8 percent (±0.4) from December 2012.
Inventories. Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,707.9 billion, up 0.5 percent (±0.2) from November 2013 and up 4.4 percent (±0.6) from December 2012.
Inventories/Sales Ratio. The total business inventories/sales ratio based on seasonally adjusted data at the end of December was 1.30. The December 2012 ratio was 1.29.