U.S business inventories in line with expectations in February
Manufacturers' and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,928.8 billion, up 0.6 percent (±0.1 percent) from January 2018 and were up 4.0 percent (±0.3 percent) from February 2017.
The total business inventories/sales ratio based on seasonally adjusted data at the end of February was 1.35. The February 2017 ratio was 1.37.
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