Inventories/sales ratio seasonally adjusted at 1.27, Sept
14 Dec '07
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U.S. Census Bureau release Manufacturing and trade inventories and sales September 2007.
Sales. The U.S. Census Bureau announced that the combined value of distributive trade sales and manufacturers' shipments for September, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,126.0 billion, up 0.6 percent (±0.2%) from August 2007 and up 5.9 percent (±0.2%) from September 2006.
Inventories. Manufacturers' and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,429.5 billion, up 0.4 percent (±0.1%) from August 2007 and up 3.3 percent (±0.4%) from September 2006.
Inventories/Sales Ratio. The total business inventories/sales ratio based on seasonally adjusted data at the end of September was 1.27. The September 2006 ratio was 1.30.