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- U.S business inventories down 0.1% in October
U.S business inventories down 0.1% in October
Manufacturers' and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,885.7 billion, down 0.1 percent (±0.1 percent) from September 2017, but were up 3.5 percent (±0.3 percent) from October 2016.
The total business inventories/sales ratio based on seasonally adjusted data at the end of October was 1.35. The October 2016 ratio was 1.39.
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