Business Inventories Rise 0.1% In July
WASHINGTON - 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%.
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