March Sees a Modest Rise in US Business Inventories

According to the latest release from the Census Bureau on Thursday, business inventories in the United States experienced a slight increase of 0.1% in March from the previous month, reaching a total of $2,578.1 billion. This marks a 2.5% growth compared to March 2024, indicating a steady upward trend in inventory levels.

Inventory/Sales Ratio and Trade Sales Show Positive Trends

The total business inventories/sales ratio at the end of March was reported at 1.34, showing a decrease from 1.37 a year ago. In addition, the value of distributive trade sales and manufacturers’ shipments for March stood at $1,919.9 billion, reflecting a 0.7% increase month-on-month and a 4.5% rise annually. These figures suggest a healthy balance between inventory levels and sales, contributing to the overall economic stability.