Market news
16.03.2021, 14:40

US business inventories rose in line with forecasts in January

According to the report from Census Bureau, manufacturers’ and trade inventories for January, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,982.4 billion, up 0.3 percent (±0.1 percent) from December 2020, but were down 1.8 percent (±0.3 percent) from January 2020.

The combined value of distributive trade sales and manufacturers’ shipments for January, adjusted for seasonal and trading day differences but not for price changes, was estimated at $1,568.5 billion, up 4.7 percent (±0.3 percent) from December 2020 and was up 7.1 percent (±0.4 percent) from January 2020. 

The total business inventories/sales ratio based on seasonally adjusted data at the end of January was 1.26. The January 2020 ratio was 1.38.

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