US, industrial inventories February +0.2% m/m sales +0%

1681679765 US industrial inventories February 02 mm sales 0

(Finance) – Slightly lower-than-expected data from inventories and sales of theindustry in the USA to February 2023. According to the US Bureau of Census, he registered for the stocks an increase of 0.2% to 2,471.6 billion dollars, below what was estimated by analysts (+0.3%) and after -0.2% the previous month. On an annual basis there was an increase of 9.1%.

In the same period the sales they remained unchanged on a month-to-month basis, at $1,817.9 billion. Over the year, there is a positive change of 3.3% compared to February 2022.

There inventory/sales ratio stood at 1.36. In February 2022, she was equal to 1.29. This figure measures how many months it takes for a company to completely deplete its stock.

(Photo: Photo by Hannes Egler on Unsplash)

tlb-finance