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Inventories of chemicals & allied products up in Nov
11
Jan '08
U.S. Census Bureau announced Monthly wholesale trade, sales and inventories of November 2007.

Sales. The U.S. Census Bureau announced that November 2007 sales of merchant wholesalers, except manufacturers' sales branches and offices, after adjustment for seasonal variations and trading-day differences but not for price changes, were $380.4 billion, up 2.2 percent (+/-0.5%) from the revised October level and were up 14.0 percent (+/-1.3%) from the November 2006 level. The October preliminary estimate was revised upward $2.4 billion or 0.7 percent.

November sales of durable goods were up 0.9 percent (+/-0.8%) from last month and were up 6.1 percent (+/- 2.0%) from a year ago. Compared to last month, sales of computer and computer peripheral equipment and software were up 3.9 percent and sales of electrical and electronic goods, were up 3.1 percent.

Sales of nondurable goods were up 3.3 percent (+/-0.7%) from last month and were up 21.7 percent (+/-2.0%) from last year. Sales of farm product raw materials were up 9.7 percent from last month and sales of petroleum and petroleum products were up 8.9 percent.

Inventories. Total inventories of merchant wholesalers, except manufacturers' sales branches and offices, after adjustment for seasonal variations but not for price changes, were $406.2 billion at the end of November, up 0.6 percent (+/-0.3%) from the revised October level and were up 4.3 percent (+/-1.8%) from a year ago.

The October preliminary estimate was revised upward $0.1 billion. End-of-month inventories of durable goods were up 0.5 percent (+/-0.3%) from last month and were up 0.5 percent (+/-2.1%) from last November.

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Courtesy: Reliance Industries

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