November 2012 business inventories were $1,621.5 billion, up 0.3 percent from October and up 5.5 percent from November 2011. Sales were $1,271.6 billion, up 1.0 percent from October and up 4.3 percent from November 2011.
Manufacturing and Trade Inventories and Sales, also known as "business inventories," is a monthly report released by the Economics & Statistics Administration, U.S. Department of Commerce, from data gathered by the Census Bureau of the dollar value of product inventories held by manufacturers, wholesalers, and retailers. Included in this report is the inventories/sales ratio, a gauge of the number of months it would take to deplete existing inventories at the current rate of sales.
Chris Bryant, MBA, RFC® is founder & CEO of Bryant Wealth Management, Inc. – a Registered Investment Adviser. Bryant provides fee-only financial planning services for individual investors. Since 1999, Chris has devoted himself to the practice of financial services – helping people make money, save money, protect money, have convenience and peace of mind. Connect with Chris by E-mail or call 1-800-980-3048 toll free.
Chris Bryant is an American financial advisor.