U.S. Business Inventories Rose 0.4% in November

U.S. business inventories rose 0.4% in November to a seasonally adjusted $1.895 trillion, the Commerce Department said Friday.

Economists surveyed by The Wall Street Journal had expected a 0.4% gain from the prior month. It was the largest one-month gain since August.

Factory inventories rose 0.4% in November. Retail inventories were up 0.1% from October. Wholesale inventories climbed 0.8% on the month.

The data were adjusted for seasonal variations but not price changes.

The Commerce Department's full report on manufacturing and trade inventories and sales can be accessed at: https://www.census.gov/mtis/www/data/pdf/mtis_current.pdf

Write to Ben Leubsdorf at ben.leubsdorf@wsj.com

(END) Dow Jones Newswires

January 12, 2018 10:15 ET (15:15 GMT)