LEVEL OF BUSINESS INVENTORY

LEVEL OF BUSINESS INVENTORY

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Business Inventory to Sales Ratio (monthly data, seasonally adjusted)
Business Inventory to Sales Ratio (monthly data, seasonally adjusted)

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 Aug-02 Sep-02
Inventory/sales ratio 1.35 1.36
Inventory/sales ratio percent change from previous month 0.00 0.74

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 Nov. 12, 2002, available at: http://www.census.gov/mtis/www/mtis.html.