US business inventories decline 0.4% in February

Inventories in the manufacturing and trade sectors in the United States fell 0.4% in February compared to the previous month’s revised figure to reach $1,012.7 billion, according to the report by the US Census Bureau released on Wednesday. Year-on-year, inventories were down 0.1%

The combined value of distributive trade sales and manufacturers’ shipments for February, adjusted for seasonal and trading-day differences was estimated at $1.464.2 billion, declining 0.5% from January and was also down 0.1% on an annual basis.

Seasonally adjusted business to sales ratio stood at 1.37 in February, slightly down from 1.39 recorded in the same month a year ago.



Breaking the News / BJ



Source link

About the author: admin Academy

admin

Alcuni articoli sono qui aggregati per darti un'informazione continua e costante, pertanto, sotto ognuno di essi troverai la fonte: entra nel sito di riferimento per avere ulteriori news ed informazioni sull'economia mondiale, ti sarà utile. Ti aspetto nell'Academy!

Get involved!

Fai trading in gruppo!
L'unica Academy di trading completamente gratuita per gli utenti FpMarkets

Comments

Ancora nessun commento