facebook
twitter
search
search

Business inventories up slightly

Feb. 13, 2013 at 11:54 AM

WASHINGTON, Feb. 13 (UPI) -- U.S. business inventories rose slightly in December, while sales also rose, the Commerce Department reported Wednesday.

Manufacturing and trade inventories rose 0.1 percent to an end of the month total of $1.623 trillion, while sales rose 0.3 percent to a seasonally adjusted $1.274 trillion.

Inventories rose 5.1 from December 2011, while sales rose 3.6 percent over the past 12 months.

The total business inventories/sales ratio based on seasonally adjusted data at the end of December was 1.27, up from the ratio of 1.26 in December 2011.

Like Us on Facebook for more stories from UPI.com  
Related UPI Stories
Latest Headlines
Top Stories
Shoot-from-the-hip, around corner sighting capability unveiled
Airbus Helicopters announces factory acceptance of training aircraft
Bleak outlook for oil has Russian investors pulling back
ESPN cuts ties with Cowherd over remarks about Dominican players
Britain extends Lockheed Martin military inventory contract