Inventories of chemicals & allied products up in Nov
11 Jan '08
2 min read
Inventories of professional and commercial equipment and supplies were up 1.4 percent. End-of-month inventories of nondurable goods increased 0.8 percent (+/-0.5%) from October and were up 11.0 percent (+/-3.5%) compared to last November. Inventories of petroleum and petroleum products were up 2.6 percent from last month and inventories of chemicals and allied products were up 1.7 percent.
Inventories/Sales Ratio. The November inventories/sales ratio for merchant wholesalers, except manufacturers' sales branches and offices, based on seasonally adjusted data, was 1.07. The November 2006 ratio was 1.17.