December 2012 business inventories were $1,623.1 billion, up 0.1 percent from November and up 5.1 percent from December 2011. Sales in December 2012 were $1,274.1 billion, up 0.3 percent from the previous month and up 3.6 percent from one year earlier.
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. – an institutional investor and state-registered investment adviser. Bryant provides independent, fee-only, financial planning services for individual investors. Since 1999, Chris has devoted himself to 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.