Business inventory to sales ratio indicates the level of inventory that businesses currently maintain to meet a given sales volume. Over time, businesses have reduced inventory in relation to sales. Increased speed and reliability of transportation help businesses operate with smaller inventories.
|Business Inventory to Sales||May-02||Jun-02|
|Inventory/sales ratio percent change from previous month||0.74||0.00|
NOTE: The Census Bureau released revised historical new orders data on July 15, 2002. This report reflects those revisions.
SOURCE: U.S. Department of Commerce, Bureau of the Census, as of August 14, 2002, available at: http://www.census.gov/mtis/www/mtis.html.