|
2009 Economic Calendar |
|
POWERED BY
|
|
|
Resource Center » U.S. & Intl Recaps | Release Dates | Why Investors Care | Today's Calendar
|
|
Business inventories are the dollar amount of inventories held by manufacturers, wholesalers, and retailers. The level of inventories in relation to sales is an important indicator of the near-term direction of production activity. Why Investors Care
| Released on 12/13/05 For Oct 2005 | ||||||||||||
| ||||||||||||
Highlights
October business inventories rose 0.3% in October vs. a 0.5% rise in September. Year-on-year, inventories were up 4.1% in the month.
Business sales were up 0.8% in the month and up 7.6% year-on-year. The inventory-to-sales ratio remains at a very thin 1.25.
Retailer inventories, the new information in Tuesday's Commerce Department report, edged 0.1% higher following a 0.8% gain in September.
As already reported, factory inventories rose 0.6% while wholesaler inventories rose 0.2%.
Inventories remain lean and do not pose a risk to future production, and in fact the need for replenishment given solid consumer and industrial demand may add to future growth.
Business inventories rose 0.5 percent in September and another rise is expected in October. Manufacturers' inventories rose 0.6 percent after posting a smaller 0.1 percent gain in the previous month, while wholesale trade inventories rose 0.2 percent; only retail trade inventories are missing.
Business inventories Consensus Forecast for Oct 05: 0.4 percent
Range: 0.3 to 0.6 percent
![[Chart]](chart.gif)
|
Inventories tend to rise when economic conditions are strong; since sales are rising at the same time, the inventory-to-sales ratio may remain stable, or rise at a very slow pace. Inventories tend to drop when economic conditions are weak; since sales are falling at the same time, the inventory-to-sales ratio may remain relatively stable. The I-S ratio then begins to rise as sales fall more quickly than inventory growth. |
| 2005 Release Schedule | ||||||||||||||||||||||||||
|
powered by
![[Econoday]](../../../../../../../../../images/logo.gif){kind=logo}