Business inventories rise 0.1% in July

​WASHINGTON (MarketWatch) – Business inventories rose 0.1% in July to a seasonally adjusted $1.81 trillion, the Commerce Department said Tuesday. That was smaller than the MarketWatch forecast of a 0.2% gain. Sales also increased 0.1% in ​July. The​ ​ratio of inventories to sales was flat at 1.36 months. In June, inventory growth was revised​ ​down to 0.7% from 0.8%​.​

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

…read more

From:: Stock Market News

Leave a Reply