February 2013 U.S. business inventory was $1,642.1 billion, up 0.1 percent from January and up 4.9 percent from February 2012. Sales in February 2013 were $1,286.7 billion, up 1.2 percent from the previous month and up 3.7 percent from one year earlier.
Individual investors and small businesses rely upon this economic indicator to make decisions every day. It is important to view business inventories in context of the global economy. The monthly report, released by the United States Census Bureau, quantifies dollar values of product inventories held by manufacturers, wholesalers, and retailers. It is important to understand the inventory/sales ratio gauges the number of months it would take to deplete existing inventory at the current rate of sales. For more information about how economic indicators affect your finances, contact Bryant Wealth Management, Inc.
Chris Bryant, MBA, RFC® is the founder & CEO of Bryant Wealth Management, Inc. a Washington State Registered Investment Adviser. Bryant provides independent, fee-only, financial planning services, portfolio management for individuals and small businesses, and conducts educational seminars/workshops. Chris is the author of his new book, Personal Financial Planning.
Chris Bryant is an American financial advisor.