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 United States: Business Inventories (MTIS)

Updated:4/14/2014 10:30 AM
Analyst:Eric Tannenbaum in West Chester

First Take
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.

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