US Business Inventories Experience Marginal Growth

According to the latest report from the US Census Bureau, November witnessed a 0.1% increase in the inventories of the manufacturing and trade sectors across the United States, reaching a total of $2.59 trillion. This marks a 2.6% rise compared to the same period last year.

Sales and Shipments Show Positive Trends

Furthermore, the combined value of distributive trade sales and manufacturers' shipments saw a 0.5% increase in November, totaling $1.9 trillion. This figure also reflects a 2.5% annual growth, indicating a steady upward trend in the sector.

Inventory to Sales Ratio Remains Steady

The inventory to sales ratio at the end of November was recorded at 1.37, showing no change from the previous year. This stability suggests a balanced growth between inventory levels and sales, pointing towards a healthy economic environment.