United States: Business Inventories (MTIS)
|Updated:||4/14/2014 10:30 AM|
|Analyst:||Eric Tannenbaum in West Chester|
Business inventories rose 0.4% in February, falling just short of expectations. January’s business inventories were unrevised. Retail inventories were unchanged, manufacturing inventories gained 0.7%, and wholesale inventories rose 0.5%. Business sales reversed trend, gaining 0.8% following a revised 1.1% drop in the prior month. The inventory-to-sales ratio was unchanged at 1.31, with the prior month's I/S ratio being revised to 1.31 from 1.32. Businesses will modestly trim inventory changes in coming months, tapering growth in their inventories relative to the pace of sales.
...for the complete analysis:
Already a Subscriber?
Finish the article for free. It's easy to do and there is no risk.
“ Fifteen minutes with Dismal Scientist
saves you 3 hours...” –Pete Gioia, CBIA