15:00 - Dados States
10:00am 12/13/05 U.S. OCT. RETAIL AUTO INVENTORIES UP 0.7%
10:00am 12/13/05 U.S. OCT. RETAIL INVENTORIES UP 0.1%
10:00am 12/13/05 U.S. OCT. INVENTORY-SALES RATIO STAYS AT RECORD LOW 1.25
10:00am 12/13/05 U.S. OCT. SALES UP 0.8%, BIGGEST GAIN SINCE JULY
10:00am 12/13/05 U.S. OCT. INVENTORIES UP 0.3% VS. 0.5% EXPECTED
ECONOMIC REPORT: Lean inventories grow 0.3% in Oct.
By Rex Nutting, MarketWatch
Last Update: 10:01 AM ET Dec. 13, 2005
WASHINGTON (MarketWatch) - Inventories at U.S. businesses remained very tight in October, the Commerce Department said Tuesday.
Inventories increased 0.3% in October, while sales grew by 0.8%, the largest gain since July.
As a result, the inventory-to-sales ratio remained at a record low 1.25, giving companies a strong incentive to increase production and hiring. Imports are also likely to increase.
The typical business had 38 days of sales on hand in October.
Better inventory controls have allowed companies to operate with leaner and leaner stockpiles. If inventories get too tight, however, companies risk losing customers to competitors who can deliver the goods.
Tight inventories can also fuel inflationary pressures, as customers bid up prices on increasingly scarce goods.
Economists had expected the inventory rebuilding to begin in the third quarter, but data show inventory depletion subtracted 0.44 percentage points from growth in the third quarter.
Economists surveyed by MarketWatch had expected inventories to rise 0.5% in October, matching September's increase.
Much of the data in Tuesday's report had been released earlier. The one main new piece of news was retail inventories, which increased 0.1% in October while sales increased 0.3%. Retail auto inventories grew 0.7% as sales fell 1.3%.
The retail inventory-to-sales ratio fell to 1.45 from 1.46, the lowest since July's 1.40.
In a separate report released Tuesday, the Commerce Department said retail sales rose 0.3% in November, as a rebound in auto sales more than offset a huge decline in gasoline sales.
Other details of the report had been released earlier.
Inventories at manufacturers increased 0.6% in October while sales rose 1%. The inventory-to-sales ratio fell to 1.17 from 1.18.
Inventories at wholesalers increased 0.2% in October while sales rose 1.2%. The inventory-to-sales ratio fell to a record low 1.13 from 1.15.
10:00am 12/13/05 U.S. OCT. RETAIL INVENTORIES UP 0.1%
10:00am 12/13/05 U.S. OCT. INVENTORY-SALES RATIO STAYS AT RECORD LOW 1.25
10:00am 12/13/05 U.S. OCT. SALES UP 0.8%, BIGGEST GAIN SINCE JULY
10:00am 12/13/05 U.S. OCT. INVENTORIES UP 0.3% VS. 0.5% EXPECTED
ECONOMIC REPORT: Lean inventories grow 0.3% in Oct.
By Rex Nutting, MarketWatch
Last Update: 10:01 AM ET Dec. 13, 2005
WASHINGTON (MarketWatch) - Inventories at U.S. businesses remained very tight in October, the Commerce Department said Tuesday.
Inventories increased 0.3% in October, while sales grew by 0.8%, the largest gain since July.
As a result, the inventory-to-sales ratio remained at a record low 1.25, giving companies a strong incentive to increase production and hiring. Imports are also likely to increase.
The typical business had 38 days of sales on hand in October.
Better inventory controls have allowed companies to operate with leaner and leaner stockpiles. If inventories get too tight, however, companies risk losing customers to competitors who can deliver the goods.
Tight inventories can also fuel inflationary pressures, as customers bid up prices on increasingly scarce goods.
Economists had expected the inventory rebuilding to begin in the third quarter, but data show inventory depletion subtracted 0.44 percentage points from growth in the third quarter.
Economists surveyed by MarketWatch had expected inventories to rise 0.5% in October, matching September's increase.
Much of the data in Tuesday's report had been released earlier. The one main new piece of news was retail inventories, which increased 0.1% in October while sales increased 0.3%. Retail auto inventories grew 0.7% as sales fell 1.3%.
The retail inventory-to-sales ratio fell to 1.45 from 1.46, the lowest since July's 1.40.
In a separate report released Tuesday, the Commerce Department said retail sales rose 0.3% in November, as a rebound in auto sales more than offset a huge decline in gasoline sales.
Other details of the report had been released earlier.
Inventories at manufacturers increased 0.6% in October while sales rose 1%. The inventory-to-sales ratio fell to 1.17 from 1.18.
Inventories at wholesalers increased 0.2% in October while sales rose 1.2%. The inventory-to-sales ratio fell to a record low 1.13 from 1.15.