The US Census Bureau announced 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 $1,465.7 billion, up 0.7 percent (±0.2 percent) from October 2019 and up 1.0 percent (±0.4 percent) from November 2018.
Manufacturers’ and trade inventories for November, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $2,037.4 billion, down 0.2 percent (±0.1 percent) from October 2019, but were up 2.8 percent (±0.5 percent) from November 2018
The total business inventories/sales ratio based on seasonally adjusted data at the end of November was 1.39. The November 2018 ratio was 1.37.