LEVEL OF MANUFACTURING INVENTORY
LEVEL OF MANUFACTURING INVENTORY
Manufacturing Inventory and 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 and Sales | Apr-01 | May-01 |
|---|---|---|
| Inventory/sales ratio | 1.44 | 1.42 |
| Inventory/sales ratio percent change from previous month | 0.70 | -1.39 |
SOURCE: U.S. Department of Commerce, Bureau of the Census, Economic Briefing Room, as of Mar. 14, 2001, available at: http://www.whitehouse.gov/fsbr/esbr.html.