Manufacturing and trade sales for August were $1.2 trillion, up 0.5 percent from July 2012 and up 3.1 percent from August 2011, according to The U.S. Census Bureau.
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Inventories were $1.6 trillion, up 0.6 percent from July 2012 and up 5.3 percent from August 2011.
The total business inventories/sales ratio at the end of August was 1.28. The August 2011 ratio was 1.26.
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