WASHINGTON, Nov. 14 (UPI) -- U.S. manufacturing and trade inventories rose by 0.7 percent in September to a seasonally adjusted $1.612 trillion, the U.S. Census Bureau said Wednesday.
The report showed manufacturing and trade sales rose 1.4 percent on a seasonally adjusted basis to $1.26 trillion.
From July 2011, inventories rose by 6.2 percent while sales rose 4.4 percent from a year earlier.
The inventory-to-sales ratio -- reflecting how many months it would take a company to deplete its inventory at the current sales pace -- came in at 1.28, slightly higher than a year earlier, when the ratio was 1.25.
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TEL AVIV, Israel, May 17 (UPI) --Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.