LEVEL OF MANUFACTURING INVENTORY
LEVEL OF MANUFACTURING INVENTORY
Manufacturing Inventory to Sales Ratio (monthly data, seasonally adjusted)
Manufacturing inventory to sales ratio indicates the level of inventory that manufacturers currently maintain to meet a given sales volume. Over time, manufacturers have reduced inventory in relation to sales. Increased speed and reliability of transportation help manufacturers operate with smaller inventories.
Manufacturing Inventory to Sales | Jan-02 | Feb-02 |
---|---|---|
Inventory/sales ratio | 1.37 | 1.38 |
Inventory/sales ratio percent change from previous month | -1.44 | 0.73 |
NOTE: The Census Bureau released revised historical new orders data on May 21, 2001.
This report reflects those revisions.
SOURCE: U.S. Department of Commerce, Bureau of the Census, as of Apr. 15, 2002, available at: http://www.census.gov/mtis/www/mtis.html.