Inventories still very lean in April
June 13, 2012
The ratio of inventories to sales throughout the U.S. economy remained at a lean 1.26 in April after the March ratio was revised downward to 1.26 from the initial 1.27, the U.S. Census Bureau reported. With very slight movements up and down, the inventories-to-sales ratio has remained below 1.3 since late 2009. Lean inventories relative to sales are good news for trucking companies because it suggests continuation of a steady supply cycle.
Sales throughout the economy were up 0.2% to $1.249 trillion in April from March and up 5.4% from April 2011. Meanwhile, inventories were up 0.4% to 1.575 trillion from March and up 6.0% from April 2011. The Census Bureau adjusts the value of sales and inventories for seasonal and calendar-related variations but not for inflation.
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