The US Census Bureau announced Wednesday the combined value of distributive trade sales and manufacturers’ shipments for November, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,345.8 billion, down 0.2 percent (±0.2 percent) from October 2014, but were up 2.2 percent (±0.5 percent) from November 2013.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,763.6 billion, up 0.2 percent (±0.1 percent) from October 2014 and up 4.4 percent (±0.5 percent) from November 2013.
The total business inventories/sales ratio based on seasonally adjusted data at the end of November was 1.31. The November 2013 ratio was 1.28.