Cleaning & Restoration Breaking News

Business Inventories, Sales Rise in March

May 15, 2003
/ Print / Reprints /
/ Text Size+
WASHINGTON (Reuters) - Stocks at U.S. businesses rose more than expected in March, the government said on Thursday, while sales climbed at the fastest pace in nearly a year, a signal businesses may need to order supplies to meet demand.

Inventories at retailers, manufacturers and wholesalers rose 0.4 percent in March, the Commerce Department (news - web sites) said, after an increase of 0.7 percent the previous month.

The gain beat Wall Street expectations for a 0.2 percent rise and partly reflected cars sitting on dealer lots.

Stocks at retailers rose 0.8 percent, while inventories at manufacturers were unchanged. Supplies of motor vehicles and parts climbed 1.3 percent.

Business sales surged 1.8 percent, the largest jump since April 2002, helped by good business at retailers.

Sales at retailers surged 2.4 percent after falling the previous month and manufacturing sales rose 1.9 percent.

The stocks-to-sales ratio -- the amount of time it would take to deplete inventories at the current sales pace -- fell to 1.38 months from 1.40 months in February.

Did you enjoy this article? Click here to subscribe to i Cleaning Specialist Magazine.

You must login or register in order to post a comment.



Image Galleries

The 2014 Experience Conference and Exhibition

A look in photos at the 2014 Experience Conference and Exhibition, which was held from April 24-26 at the Embassy Suites Convention Center and Spa in Frisco, Texas.


Have a limited marketing budget but realize the importance of neighborhood marketing? Try doorknob hangers, a low-cost, yet highly effective way to drum up more business. In this episode, John Braun discusses the value of this tactic as well as what you should include on the materials you're hanging.
More Podcasts

ICS Cleaning Specialist Magazine


2014 September

The September issue of ICS features stories on moisture detection, disinfectant services, neighborhood marketing, then we discuss the last level of being phenomenal, and cool products.

Table Of Contents Subscribe

Social Media

Social media is a good way to regularly keep in touch and interact with current clients and reach potential ones. What social mediums do you use in your cleaning/restoration business?
View Results Poll Archive


Get Paid! book cover
Get Paid! (ebook)
Over 30 authors – over 40 articles…from attorneys, contractors, consultants, instructors and others, both inside and outside the restoration industry. R & R, C & R and Cleanfax, opened their archives and gave us the best they had, other chapters were created just for the “Get Paid!” book and its readers. And every one of them has ideas for how to get paid what you are owed.

More Products


Director_Buyer.jpgThe premier resource and reference guide for the cleaning and restoration industries.

Click here to view


Truckmount.jpgEquipment listings and specifications from the leading industry manufacturers.

Click here to view


facebook_40.png twitter_40px.png youtube_40px.pngcrc logo