facebook
twitter
rss
account
search
search
 

U.S. wholesale inventories rose in September

Nov. 15, 2013 at 11:20 AM   |   Comments

WASHINGTON, Nov. 15 (UPI) -- U.S. wholesale inventories rose 0.4 percent in September on a seasonally adjusted basis to $506.3 billion, the U.S. Census Bureau said Friday.

Inventories were up 2.2 percent from September 2012, the bureau said.

Wholesale sales also gained, climbing 0.6 percent from August to $430.5 billion, 3.9 percent higher than September 2012, the U.S. Commerce Department agency said.

Sales of durable goods were up 2.1 percent month-to-month and up 6.9 percent from September 2012. Sales of non-durable goods slipped 0.7 percent from August and rose 1.4 percent from 12 months earlier.

The June inventories-to-sales ratio for wholesalers, seasonally adjusted, was 1.18, one tick higher than August's ratio of 1.17, the bureau said. The September 2012 ratio was 1.2.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Russian bank boss feeling sanctions pain Russian bank boss feeling sanctions pain
2
Army deploying JLENS radar system to help protect Washington, D.C. Army deploying JLENS radar system to help protect Washington, D.C.
3
EIA: Russia diversifying energy production EIA: Russia diversifying energy production
4
Navy's Triton surveillance drone flies cross-country Navy's Triton surveillance drone flies cross-country
5
New GenDyn mission computers for Navy F/A-18s New GenDyn mission computers for Navy F/A-18s
Trending News
Video
x
Feedback