U.S. Business Inventories Tick Up in September, but Decelerate - Modern Distribution Management

U.S. Business Inventories Tick Up in September, but Decelerate

Inventories decelerated from identical increases of the previous three months, while sales had a modest acceleration.
Percentage growth. Increase in financial interest rate, sales increase, mortgage or taxes. percent growth. Wooden stairs with increasing percentage icons.

The U.S. Census Bureau released its monthly manufacturing and trade statistics for September on Nov. 15, showing a slight increase in inventories month-to-month, decelerating from the previous three months.

Sales

The figures showed that the November value of distributive trade sales and manufacturers’ shipments, adjusted for seasonal and trading day differences, was $1.8 billion, up 0.3% month-to-month, and up 0.5% year-over-year. The monthly change accelerated from August’s 0.2% gain.

September U.S. Wholesale Trade Sales Up 0.3%, Inventories Fall

Inventories

The report showed that total inventories for manufacturers and trade inventories ended September at $2.5 billion, up 0.1% from August 2024 and up 2.2% year-over-year. The monthly uptick followed gains of 0.3% in June, July and August.

U.S. Business Inventories – Month-to-Month % Change


source: tradingeconomics.com

Inventories/Sales Ratio

The September inventories/sales ratio for businesses was 1.38, up from September 2023’s 1.35.

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