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Sector Update: Health Care
Mar 21, 2024 8:36 PM
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US business inventories unexpectedly flat in August as stocks at retailers fall
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US business inventories unexpectedly flat in August as stocks at retailers fall
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US business inventories unexpectedly flat in August as stocks at retailers fall
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WASHINGTON, Nov 25 (Reuters) - U.S. business inventories were unexpectedly unchanged in August, with stocks at retailers falling amid strong sales. The unchanged reading in inventories reported by the Commerce Department's Census Bureau on Tuesday followed a 0.1% gain in July. Inventories are a key component of gross domestic product and one of the most volatile. They increased 1.1% year-on-year...
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