cheapbag214s
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Posted: Tue 12:40, 03 Dec 2013 Post subject: April 12 |
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Wholesale inventories near stagnant in February
WASHINGTON,[url=http://www.guccioutletstorei.com/Women-1/Men-3/Gucci-Belts-20/]Gucci Belt Sale[/url], April 12 () -- Business inventories rose marginally in February, while sales rose 1.2 percent, the U.S. Census Bureau said Friday.Inventories climbed 0.1 percent to $1.64 trillion, while sales climbed 1.2 percent to $1.28 trillion.The monthly figure adding up manufacturing, retail and wholesale inventories came in lower than the consensus forecast, which predicted inventory growth of 0.4 percent.Inventories were up 4.9 percent above February 2012.Sales on the wholesale level were up 3.7 percent from a year earlier.The total business inventories to sales ratio, was 1.28,[url=http://www.guccioutletstorei.com/]Gucci Bags Sale[/url], based on seasonally adjusted data, the Census Bureau said. A year ago, the ratio was 2.26.The ratio indicates how long it will take to sell existing inventory at current prices. As the ratio rises, it indicates manufacturers may have too much inventory on hand and may adjust by slowing production.
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