Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Business Inventories Up 0.1% in December

The U.S. Department of Commerce today released its monthly report [opens in PDF] on manufacturing and trade inventories and sales for December 2012.

The value of all distributive trade sales and manufacturers' shipments in the last month of the year came in 0.3% higher than in November. The $1,274.1 billion figure was a healthy 3.6% higher than it was in December of the prior year.

Also reported were businesses' inventory levels, which, despite rising 5.1% year-over-year and edging up 0.1% from November, didn't significantly alter the important inventories/sales ratio. The ratio of inventories to sales was only slightly higher than it was a year ago, rising from 1.26 to 1.27. Very high inventories on hand may indicate an inability to get products off the shelves, as seen during the woes of the financial crisis when inventories outnumbered sales by nearly a 1.5-to-1 ratio.

These most recent numbers are preliminary and still subject to revision, which would be noted in the next monthly release a month from today on March 13.


Read/Post Comments (0) | Recommend This Article (2)

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2253596, ~/Articles/ArticleHandler.aspx, 10/1/2016 10:28:24 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 13 hours ago Sponsored by:
DOW 18,308.15 164.70 0.91%
S&P 500 2,168.27 17.14 0.80%
NASD 5,312.00 42.85 0.81%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes