The combined value of distributive trade sales and manufacturers’ shipments for February, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,430.4 billion, up 0.4 percent (±0.2 percent) from January 2018 and was up 5.8 percent (±0.3 percent) from February 2017. Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,928.8 billion, up 0.6 percent (±0.1 percent) from January 2018 and were up 4.0 percent (±0.3 percent) from February 2017. The total business inventories/sales ratio based ... (full story)