Source: U.S. Census Bureau
Sales. The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers’ shipments for October, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,326.8 billion, up 0.8 percent (±0.2%) from September 2016 and was up 2.1 percent (±0.4%) from October 2015.
Inventories. Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,813.0 billion, down 0.2 percent (±0.1%) from September 2016, but were up 0.4 percent (±0.5%)* from October 2015.
Inventories/Sales Ratio. The total business inventories/sales ratio based on seasonally adjusted data at the end of October was 1.37. The October 2015 ratio was 1.39.
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