US Business Inventories Fall in October

U.S. business inventories decreased 0.1% in October to a seasonally adjusted $1.886 trillion, the Commerce Department said Thursday.

Economists surveyed by The Wall Street Journal projected a 0.1% decline.

Manufacturing inventories rose 0.2% from the prior month, and wholesaler inventories fell 0.5% from a month earlier. Retail inventories were flat from the prior month.

The Commerce Department data on business inventories can be found at http://www.census.gov/mtis/www/data/pdf/mtis_current.pdf.

(END) Dow Jones Newswires

December 14, 2017 10:17 ET (15:17 GMT)