US seasonally adjusted manufacturers' and trade inventories rose 0.4% in January from December, 3.9% year-over-year to US$1.72T: Dept. of Commerce
March 13, 2014
– Sales. The U.S. Census Bureau announced today that 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 $1,302.9 billion, down 0.9 percent (±0.2) from December 2013, but were up 2.5 percent (±0.4) from January 2013.
Inventories. Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,715.1 billion, up 0.4 percent (±0.1) from December 2013 and up 3.9 percent (±0.6) from January 2013.
Inventories/Sales Ratio. The total business inventories/sales ratio based on seasonally adjusted data at the end of January was 1.32. The January 2013 ratio was 1.30.