U.S. business inventories continue to rise in April

09:41, June 15, 2011      

Email | Print | Subscribe | Comments | Forum 

U.S. manufacturers' and trade inventories in April 2011 rose 0.8 percent from the previous month, as U.S. businesses increased their stockpiles for a 16th consecutive month, the Department of Commerce said in a report on Tuesday.

The April inventory figure of 1,497.5 billion U.S. dollars also represented a 10.6 percent increase from a year earlier, said the department.

The total business inventories-to-sales ratio stood at 1.26 by the end of April, slightly lower than the 1.27 level one year ago.

It is normally interpreted as a positive sign of economy when businesses increase their inventories, but some economists held that businesses might slash inventories in the near future if the sales growth pace slows.

Source: Xinhua
  Weekly review  


  • Do you have anything to say?


Special Coverage
  • Xi Jinping visits Italy, Cuba, Uruguay, Chile
  • From drought to floods
Major headlines
Editor's Pick
  • Beijing hit by thunder and lightning
  • Animale's collection presented at Sao Paulo Fashion week
  • Obama visits Puerto Rico to woo Hispanic voters
  • Herdsmen take livestock to high pastures in Xinjiang
  • 8th World Blood Donor Day marked
  • Yellow rainstorm warning issued in Hangzhou, China's Zhejiang
Hot Forum Discussion