January 2013 business inventories were $1,642.2 billion, up 1.0 percent from December and up 5.6 percent from January 2012. Sales in January 2013 were $1,268.8 billion, down 0.3 percent from the previous month but up 2.9 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. 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. He is the author of the new book, Personal Financial Planning. Connect with Chris by E-mail or call toll-free 1-800-980-3048.
Chris Bryant is an American financial advisor.