Manufacturing shipments in US “virtually” unchanged in September
The US Census Bureau announced Friday 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 $1,320.3 billion, virtually unchanged (±0.2 percent) from August 2015, but was down 2.8 percent (±0.4 percent) from September 2014.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,817.5 billion, up 0.3 percent (±0.1 percent) from August 2015 and were up 2.5 percent (±0.5 percent) from September 2014.
The total business inventories/sales ratio based on seasonally adjusted data at the end of September was 1.38. The September 2014 ratio was 1.31.