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 to Sales||Feb-02||Mar-02|
|Inventory/sales ratio percent change from previous month||0.72||-0.72|
NOTE: The Census Bureau released revised historical new orders data on May 21, 2001. This report reflects those revisions.
SOURCE: U.S. Department of Commerce, Bureau of the Census, as of May 15, 2002, available at: http://www.census.gov/mtis/www/mtis.html.