Business Inventories, or Manufacturing and Trade Sales and Inventories, show a 0.4% increase in sales and an 0.3% increase in inventories for June 2011. Earlier, wholesale inventories, about a third of all inventories, reported earlier, also showed a 0.6% increase for June.
Business Inventories, or Manufacturing and Trade Sales and Inventories, show a 1.1% increase in sales and an 0.8% increase in inventories for December. Earlier, wholesale inventories, about a third of all inventories, reported earlier, also showed a 1.0% increase for December.
Business Inventories, or Manufacturing and Trade Sales and Inventories, show a 1.2% increase in sales but only a 0.2% increase in inventories in comparison to October. Earlier, wholesale inventories, about a third of all inventories, also showed a deceleration in growth.
The Manufacturing, Trade, Inventories & Sales for April 2010 is out. Sales were down, -0.9% and inventories up 0.1% for the month. For manufacturers sales were down -1.3%, for retailers down -1.2%. Merchant wholesalers had a 0.3% rise in business sales.
Below is a graph of the sales to inventories ratio. As you can see the ratio has become flat, which implies businesses are simply keeping on hand what they believe they can sell. It represents only a 1.23 months supply of inventories, given the current sales rate.
Below is a graph of raw inventory changes. Notice inventories are nowhere near pre-recession levels.
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