09222018Sat
Last updateThu, 20 Sep 2018 3pm

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Manufacturing & The Economy

U.S Business Inventories Rose 0.4% in December

Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,902.2 billion, up 0.4% from November 2017 and were up 3.2% from December 2016.

A poll of economists “had forecast inventories, a key component of gross domestic product, rising 0.3% in December,” Reuters  reports. “Manufacturing inventories increased 0.5% in December and stocks at wholesalers rose 0.4%.” 

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